Replying to Avatar BitcoinSandy

People need to own bitcoin, not a vaulted prison IOU. The ETFs just push people further away from ever taking custody. Self custody is everything ! P2P is everything ! Freedom is everything ! If Bitcoin hits $1 million and it’s institutional we’ve failed, if no one is adopting and using it we’ve failed. They’re pushing ETFs so it looks like Bitcoin is accepted but it’s just co-opted. No one will be allowed to take custody if they create a ring fence internet. So little time left to break these bastards. I pray the tools are developed to counter this.
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Lockesmith 2y ago

I disagree. Like it or not, sometimes getting rugged is the best learning experience.

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BitcoinSandy 2y ago

This isn’t a rug, this is a full on attack

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Lockesmith 2y ago

It is. And in the process of losing the offensive, a lot of people will get rugged.

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Exodia38 2y ago

A cbdc competes with other cbdcs, even if it is on top of bitcoin. I suppose USA can't afford to lose the liquidity advantage of the dollar. I highly doubt the US government/stablishment will be able to roll a cbdc out of this situation. Opinions are welcome

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michael 2y ago

This is what I have been saying about the ETF. It might work out fine, but the best case scenario would be these huge companies realizing they bought the wrong thing. 😂