Custodial wallets with no option to withdraw.
It’s just the Robinhood app for self important people. nostr:note1v7n6vwkynj356tp5l3z6f69rc2najl0qt7wevv5ue5lv9rq95e5szy7ufh
Discussion
ETFs will trick normies into buying keyless fake bitcoin.
And we're all just letting it happen...
😑
Well what do you propose is done about it? We’ve been “letting” it happen with custodians for… basically the whole time so far. I tell people it’s stupid on a daily basis. Other than burning down Coinbase I don’t know what course of action there even is? 🤷🏻♂️
IMHO, We needed another Occupy Wallstreet to stop this atrocitiy, and not let them distract us with non economic social justice issues like they did before. But I fear it's to late. What's done is done. We'll have to live with our decision to let our evil corrupt government offer keyless bitcoin because we have become lazy peasants who don't revolt.
All I know is it won't be good and humans will still be taxed, extorted, and rugged for many many generations to come because of this.
This is not fixing the money.
I’m talking to a good friend who’s ’come for the greed’ and is waiting for the ETF. I’m slowly persuading him to ‘stay for the revolution.’ The revolution part is hard for people to grasp.
I think that as self-custody becomes much easier (for example Bitkey from Block) and education continues, Bitcoin will slowly…one block at a time…fulfill its mission.
So that means ETFs are reclaiming assets from the suits. Let assets flow back to Bitcoin holders.
