New 'insane' ETF proposal for bitcoin generates worry on Wall Street

Direxion Asset Management is looking to launch five bitcoin ETFs that seek up to double the moves of the cryptocurrencies daily futures trading. One Wall Street strategist said approving the funds would be "insane," while another called the proposals "eye-watering." However, some believe the …
Google Alert – bitcoin

I once had a proposal for a flexible block size (I was still a noob) Gregory Maxwell explained in a friendly manner why it would not work. I learned something new, and for that I’m grateful!

Why is it so difficult for people to handle this situation? Why is it so hard for people to accept that their solutions might have some flaws? Why do people get offended when they are given free information from someone who is a professional in the field of bitcoin?

Link to my proposal and the explanation from /u/nullc :

submitted by /u/ABrandsen
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