I’m reading The Great Taking after listening to it on Bitcoin Audible. As I’m going through, I am trying to understand in more detail so I’m looking things up. In doing so, I come across all of these different acronyms related to my investments:

CCDS

CCP

CCDSX2

SLF

CCMS

OSC

How the f@$& did investing in simple stocks and ETFs turn into such an intertwined list of companies and regulation?

All I want is a platform that allows for trading where I am the owner of the security. I don’t want to worry about the counterparty risk, unrelated to my securities, causing me to lose what I thought was mine. I thought I only had to worry about the failure of companies I hold not a failure somewhere within the financial system using my securities as collateral without my permission.

Not your keys not your coins may extend way further than I ever knew.