This is not a case against owning #Bitcoin, but, Bitcoin produces nothing.

Diluting your ownership in a value-producing company by issuing more and more shares and using the proceeds from selling those shares to buy more and more Bitcoin is retarded, a little scammy, and sure to end in disaster sooner or later.

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Fiat debt leveraged custodial bitcoin. Just know what you're buying. It's a non zero risk. Play it smart if you're gonna do it. Don't be the one holding corporate bags wjen the music stops.

Alternative is to play it conservative, self custody your bitcoin, and prosper for generations anyways.