Yeah and honestly if it hold for too long that basically means bitcoin has failed since the majority of people still have zero familiarity with it still and those are the ones that still need to be onboarded for it to be worth it.

Self custody forces legacy market participants to stay honest or get rekt too. Same with it being traded internationally 24/7. The frauds are identified much sooner than they would be in the past. Checks and balances. Reputation and trust still matter, hard to earn and easy to lose. I have faith in us that we won’t all sell to blackrock right away, if for nothing else besides greed. The incentives and consequences in bitcoin are readily apparent. No one wants to be the guy that sells at $100k only to watch it run to $1m. Especially after surviving all the threats and frauds that occurred in the pre-etf era. And the boomers must realize they cannot simply call up their rich and postal friends and get a bail out like they can in fiat, there is no Bitcoin that can simply be printed out of thin air. Good discussion bros