People get scammed in all walks of life and a fool and their money are easily parted. It’s a different approach where (if you want to hold your own bitcoin) then you need to treat it as the bearer asset that it is. If that’s too much hassle then you can use the ETF or a regulated exchange like coinbase or kraken. This won’t be a bearer asset, more of an IOU but the trade off may be worth it.

The pseudonymous creator not being hacked proves that it’s not feasible to steal coins without having the private key. So yes, it proves something. I chose him as his addresses have ~1 million coins but no coins have ever been hacked from any address without the private keys. It’s the most secure network ever created.

Another good thing about bitcoin is its auditability - you’ve no idea how much gold is in Fort Knox or how much has been siphoned off etc. Bitcoin runs a full audit every 10 minutes or so.

Anyway, it’d be tragic for you personally if you found yourself on nostr in the early days and somehow missed out on investing in bitcoin with all the experts and helpful plebs that reside here. Don’t be that blinkered - look into it dispassionately. I’ll say no more on this

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With all due respect, I'm not going to read all that. The fact that you have to write it proves that securing your crypto is complicated AF and there are tons and tons of ways to get scammed and get robbed.

a fool and his money are soon parted. Yup. one way fools lose their assets is by buying crypto and getting fucked over.

I am free of all that. It's awesome. I never have to worry about my crypto getting stolen 😀

I struck a nerve. I questioned your dogma. The faithful react strongly when you tell them their faith is bullshit. To be expected. Bitcoin is a religion. You are a true believer. I can't change that. but I can tell the truth.

Have a good life.

I constantly try to guard against the cultish elements of bitcoin which certainly do exist. You’re quite right about crypto which is generally a cesspool of scams. My conviction is borne of a lot of digging and stress testing ideas. There are many events that could happen that would make me sell it all. Dogmatic, never - always pragmatic