Thank you for your detailed response!

I now understand better why River chose to represent the graphic as such. I hope you can understand how passionate Bitcoiners are about being the sole controller of their bearer asset. And how unique that is. “Some kind of ownership” is not acceptable for a large share of us. That sacrifices a major core principle and strategic advantage of Bitcoin in a world of weak property rights.

As friendly feedback, I wish River would detail exactly what “Individuals” means on a graphic like this going forward. Or at least point to an appendix that does. Perhaps titling, “Bitcoin Investment Distribution” would be less misleading than “Ownership” language. I disagree and don’t think hot wallet means true ownership. Claim to ownership ≠ sole custodian. But maybe I’m thinking in idealistic terms rather than realistic TradFi terms in the TradFi world we’re still forced to operate in at some point.

Overall I appreciate you and River! It is important and meaningful work. I don’t mean to come off rude and overly-critical. nostr:note1vclsfndcx84yg6ajrpl5vrecj9h55zxxaut80nfkkvs28e55rmtqcpj95w