Bingo. The Bitcoin standard is not 8 billion self-custody lighting nodes and cashu mints. I wish it was, but it's not, and that's not our fault.

Take banks being able to hold Bitcoin as an example. Most people would love a Bitcoin savings account at their traditional bank. Is it captured Bitcoin? Yes. Is it a Bitcoin standard? Still yes.

If you think Bitcoin fails because of fractional reserve or scaling limits or mining regulations or bitcoin loans etc. etc. You haven't thought it all the way through. Dishonest people fail. Honest people win. That's the game Bitcoin presents and that's why it continues to win.

They can FAFO if they want, but allowing it into the financial system like this is a huge positive development.