Well what do you propose is done about it? We’ve been “letting” it happen with custodians for… basically the whole time so far. I tell people it’s stupid on a daily basis. Other than burning down Coinbase I don’t know what course of action there even is? 🤷🏻♂️
Discussion
IMHO, We needed another Occupy Wallstreet to stop this atrocitiy, and not let them distract us with non economic social justice issues like they did before. But I fear it's to late. What's done is done. We'll have to live with our decision to let our evil corrupt government offer keyless bitcoin because we have become lazy peasants who don't revolt.
All I know is it won't be good and humans will still be taxed, extorted, and rugged for many many generations to come because of this.
This is not fixing the money.
I’m talking to a good friend who’s ’come for the greed’ and is waiting for the ETF. I’m slowly persuading him to ‘stay for the revolution.’ The revolution part is hard for people to grasp.
I think that as self-custody becomes much easier (for example Bitkey from Block) and education continues, Bitcoin will slowly…one block at a time…fulfill its mission.