nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy EP. 467 - nice job not ripping his head off. That was frustrating to listen to.
Discussion
Listening now. This is a perfect example of a super smart fiat master. He misses the entire digitzation of society and its future impact on next generations. He also seems to miss the flywheel effect of bitcoin companies and FOSS devs.
For someone who claims to be such an expert, he brings up things like big blocks, ordinals, staying IN the system (which we know is a fraud), he rejects benefits of self-control, he can't see past the next 2-3 years. He's got big boomer energy.
Saying that funds never leave the brokerage for an IRA or 401k is asinine. He's dissing some serious macro heads and acting like the biggest billionaires haven't heard of bitcoin yet.
Hard pass.
Self custody* not control.
I think he gets it, he just knows what most people his age and in general will do. Him being pragmatic is not him dismissing the other value props of bitcoin. He just understands in the US most people won’t care enough for those things and will just buy the ETF.
He hit the nail on the head tho.
There will still be the freaks that run their own server, but most people just want iCloud