that is exactly my point. i dont want to loose my #bitcoin or my physical gold. waiting for years in the next cycle and worry every minute that my cbdc gets seized or programmed to off-ramp only or the banks go bust 🤔...
the only ever reason i would exchange a few for cbdc centralized fiat is if i really need the fiat to fund something very urgent that i cannot fund with just my daily salary. otherwise i am happy to stack bitcoin every month at every price...
to add on this... banks... and crypto stablecoins companies... and exchanges ... I DONT TRUST THEM
i think that at some point they will only allow legally the exposure through the ETF... IOUs basically
Yup we can agree on this. They are not to be trusted. Cold storage and they can’t touch us.
And I wouldn’t be able to sleep if I sold my bitcoin to buy back later haha
yes i believe if you exchange to GBP or EUR or USD , is a one way ticket. the banks will not allow you to buy it back in one go, maybe in 900€at a time or most probably nada de nada!! or ... maybe they will allow you to buy the ETF so they can control the keys
if you go to usdc or usdt on your wallet still is like having money in a bank if not even worse.
that is why i recommend if you have to sell buy gold bullions fron the royal mint and keep it with you in your own safe. that is the closest thing to #bitcoin
