Can't believe people are buying Bitcoin ETFs. It is much simpler to just buy Bitcoin instead.

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Is it though? People with a fidelity account can just move whatever percentage of their portfolio to bitcoin ETFs. No new exchange accounts, no learning about self custody. I'm not arguing for ETFs, they're stupid, but honestly they are much easier for a lot of people.

I guess they will have to learn the hard way?

Always

If you buy with KYC and never spend your Bitcoin, are you really any different from someone buying the ETF? You certainly don't have freedom money.

#DontRiskItBisqIt

It is better if you self custody. At least you avoid counterparty

You always have a counterparty.

With self-custody you become the counterparty 😁

For most boomers that is worse than Charles Schwab. Just check the Sparrow Telegram Support group and assess the risk of losing coins in self-custody.

Self-custody is always better for ideological reasons (starve the beast) but isn't always a lower risk of losing your coins, e.g. doesn't even know what seed words are.

I guess it depends on the environment to whether or not people should selfcustody and in the current environment I would self custody some or all of my bitcoin

Grandpa, that isn't "freedom money". You get arrested because everyone can see where you use it.

99% normal people don't care about a bisq, and they would still go after the donation recipients anyway.

Monero fixes that.

Why do you have to spend it?

Only for techies or btc nerds. The rest of the people have no idea what they’re doing.. and most too lazy to learn

Tens of Millions of people buy stocks on their own on Robinhood. You can buy Bitcoin on Robinhood in the same way.

Or coinbase, or Gemini. This isn't 2013.