There are 21 million #bitcoin that can be audited perfectly when all in self custody
If you have 1 Bitcoin and you hold it on an exchange
There are 21 million and 1 Bitcoin
If you have 10 #btc and you hold them on an exchange
There are 21 million and 10 #Bitcoin
If you have 1,000,000 Bitcoin and hold them on an exchange
There are 22 million Bitcoin
If you hold your coin on an exchange you are:
Suppressing price on your own investment
Increasing the supply via paper IOU which you may not be able to access if physical supply is all in custodial
You will lose all your funds when the site goes offline, down, arrested or any other mishap
Giving $$ to a company that do not buy Bitcoin with it, instead they invest it, keep it or gamble it
ALL THE PHILOSOPHY YOU EMPART ON THE SO CALLED STUPID NO COINERS
YOURE ACTUALLY CREATING THE PROBLEM IN BITCOIN
SELF CUSTODY NOW
OR THIS BECOMES A JP MORGAN GOLD MARKET VERY QUICKLY