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Replying to Avatar Saberhagen The Nameless

You can't store value without censorship resistance. It can be the best performing asset in the world, but it's worth $0 if someone takes it from you or prevents you from using it.

Look at the Bitcoin mempool right now. Very cheap transaction fees despite all-time-highs. Obviously the majority of economic activity is going on in centralized exchanges with custodians defeating the entire point of Bitcoin - removing trusted third parties

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𝕞ptf 1y ago

Will the ETF holders at some point get rugged? Yes probably, as we know the temptation will be too big.

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