They are projecting their values onto the rest of the world and want to feel like they are doing something by contributing to a change. This is why Michael doesn’t fuck around with them.

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Discussion

So, scale Bitcoin with cashu or Coinbase?

LN, Cashu, Liquid, ETF, etc.

What do you think makes Bitcoin special? 21 million?

Everything

Without self custody, it's all worthless as you lose every guarantee of it's good features. IOUs are not Bitcoin.

That’s not true, but even if it were, most people don’t want to self-custody.

Then most people won't own Bitcoin

Not in a trustless way. This has been known for a long time. The same way we know the block space is scarce

People that don’t like it can always fork off