pretty sure the path to hyperbitcoinization is constant rugs until most people self custody

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yes

Frug it

Baptism by fire

there is no other way...

Nah. the government will bring more pain than individual error

Self custody is the only solution for the future. How we get there is a long painful matter. My advice is to plain for war. The money makers will never be happy till we crush them. balls up.

Sometimes people need to learn the hard way.

So many issues with self custody for the average person. Work to be done

The strong survive and the prepared thrive.

Rugsy Bogues

And a good large scale rug pull needs at least 5 years since the last one so enough people have forgotten. And it appears we are more dumb than I estimated so need many more rug pulls before people finally learn. What I mean is, its gonna take a while.

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Everyone will eventually either humble themselves enough to start stacking sats, or be compelled to be humble when they have experienced enough pain.

"๐˜ˆ๐˜ฏ๐˜ฅ ๐˜ฏ๐˜ฐ๐˜ธ, ๐˜ข๐˜ด ๐˜ ๐˜ด๐˜ข๐˜ช๐˜ฅ ๐˜ถ๐˜ฏ๐˜ต๐˜ฐ ๐˜บ๐˜ฐ๐˜ถ, ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ฃ๐˜ฆ๐˜ค๐˜ข๐˜ถ๐˜ด๐˜ฆ ๐˜บ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ฆ๐˜ญ๐˜ญ๐˜ฆ๐˜ฅ ๐˜ต๐˜ฐ ๐˜ฃ๐˜ฆ ๐˜ฉ๐˜ถ๐˜ฎ๐˜ฃ๐˜ญ๐˜ฆ ๐˜บ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ฃ๐˜ญ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ฅ, ๐˜ฅ๐˜ฐ ๐˜บ๐˜ฆ ๐˜ฏ๐˜ฐ๐˜ต ๐˜ด๐˜ถ๐˜ฑ๐˜ฑ๐˜ฐ๐˜ด๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ต๐˜ฉ๐˜ฆ๐˜บ ๐˜ข๐˜ณ๐˜ฆ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฃ๐˜ญ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ฅ ๐˜ธ๐˜ฉ๐˜ฐ ๐˜ต๐˜ณ๐˜ถ๐˜ญ๐˜บ ๐˜ฉ๐˜ถ๐˜ฎ๐˜ฃ๐˜ญ๐˜ฆ ๐˜ต๐˜ฉ๐˜ฆ๐˜ฎ๐˜ด๐˜ฆ๐˜ญ๐˜ท๐˜ฆ๐˜ด ๐˜ฃ๐˜ฆ๐˜ค๐˜ข๐˜ถ๐˜ด๐˜ฆ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ ๐˜ธ๐˜ฐ๐˜ณ๐˜ฅ? ๐˜ ๐˜ฆ๐˜ข, ๐˜ฉ๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ต๐˜ณ๐˜ถ๐˜ญ๐˜บ ๐˜ฉ๐˜ถ๐˜ฎ๐˜ฃ๐˜ญ๐˜ฆ๐˜ต๐˜ฉ ๐˜ฉ๐˜ช๐˜ฎ๐˜ด๐˜ฆ๐˜ญ๐˜ง, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ณ๐˜ฆ๐˜ฑ๐˜ฆ๐˜ฏ๐˜ต๐˜ฆ๐˜ต๐˜ฉ ๐˜ฐ๐˜ง ๐˜ฉ๐˜ช๐˜ด ๐˜ด๐˜ช๐˜ฏ๐˜ด, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ถ๐˜ณ๐˜ฆ๐˜ต๐˜ฉ ๐˜ต๐˜ฐ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฆ๐˜ฏ๐˜ฅ, ๐˜ต๐˜ฉ๐˜ฆ ๐˜ด๐˜ข๐˜ฎ๐˜ฆ ๐˜ด๐˜ฉ๐˜ข๐˜ญ๐˜ญ ๐˜ฃ๐˜ฆ ๐˜ฃ๐˜ญ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ฅโ€”๐˜บ๐˜ฆ๐˜ข, ๐˜ฎ๐˜ถ๐˜ค๐˜ฉ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฃ๐˜ญ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ฅ ๐˜ต๐˜ฉ๐˜ข๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ๐˜บ ๐˜ธ๐˜ฉ๐˜ฐ ๐˜ข๐˜ณ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ฆ๐˜ญ๐˜ญ๐˜ฆ๐˜ฅ ๐˜ต๐˜ฐ ๐˜ฃ๐˜ฆ ๐˜ฉ๐˜ถ๐˜ฎ๐˜ฃ๐˜ญ๐˜ฆ ๐˜ฃ๐˜ฆ๐˜ค๐˜ข๐˜ถ๐˜ด๐˜ฆ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ฆ๐˜น๐˜ค๐˜ฆ๐˜ฆ๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ฑ๐˜ฐ๐˜ท๐˜ฆ๐˜ณ๐˜ต๐˜บ."

-Alma 32:14-15

Constant rug pulls are the best way forward. The government stepping in to โ€œhelpโ€ wonโ€™t work. Never has

Look at the War on Drugs. Nobody thinks you should use heroin, but the government has given a monopoly to some of the shadiest drug dealers in the world.

At least with a drug dealer, you know youโ€™re getting heroin or fentanyl and it can kill you

When a pharmaceutical company gives you heroin, you trust them because theyโ€™re approved by the government

Words of wisdom my friendโ€ฆโ€ฆ

100% + education

One of these rugs will really tie the room together.

Seems like it

The current number of people who hold coins in self custody is the current number of people who are willing to overcome the friction involved with doing it. Ledger has the largest share, and despite all its problems, it has a great UX for new users. #Bitcoin only app builders should take note.

Sad but probably true

is self custody really that hard?

Best learning practise for most in a decentralised world is making all the mistakes (school of hard knocks) and surviving your way to the future.

Mandibles then self custody

I self custody to rug the government

You knowโ€ฆ scammers who rugpull are probably pretty hardcore about self custody.

Hold your own coins or someone else will!

Don't forget authoritarian leaders nationalizing banks, explicitly devaluing currency, and implementing CBDCs and Social Scores!

So the scammers actually *promote* the hyperbitcoinization? ๐Ÿค”๐Ÿค”๐Ÿค”