Even if this WOS thing turns out to be a nothing burger, we just all did a bank run on them and so far they haven’t stopped being able to send sats.

Even if the future is custodians holding most people’s bitcoin, the ease and speed of a bank run on lightning will keep custodians in check from playing fiat games.

Restoring, at the base layer, the quality of “asset” to the base money, along with a truly finite supply, is revolutionary enough to fix our world.

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U realize this is why the boomers fiat ponzi financial firms like fidelity won't allow withdrawal, right?

100% and neither will the ETFs.

Encumbered Bitcoin always trades at a discount to spot (if it can trade at all).

Those fiat firms will either adapt or die