Replying to Avatar DRE

That’s not how property rights work in the U.S. despite what orange pillers parrot

Paying somebody to custody your property does not give the custodian ownership of your property.

If you want to point out that having a custodian may increase the risk of your assets being stolen then make that point.
1c
The Notorious BTC 1y ago

They have management fees and other custodial costs. So yes, they certainly have some, but if they don’t have enough to repay every client, what’s the point?

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DRE 1y ago

They have some what? Repay what to every client?

1c
The Notorious BTC 1y ago

BTC. If the fund isn’t buying enough to meet withdrawals, or a larger run on the fund, or even unethical management, you aren’t entitled to the exact amount of BTC you paid for. Not your keys, not your coins.