🚨 Not Your Keys, Not Your Bitcoin. Period. 🚨
If you do not hold your private keys and your seed phrase securely in your own hands (metaphorically speaking), then you do NOT own Bitcoin.
What you own instead?
An IOU.
A piece of paper, or more likely a digital entry, that says someone else owes you Bitcoin.
And here’s the uncomfortable truth:
They don’t necessarily even have all of it. At least not all the time.
This is paper Bitcoin, no different in principle from paper gold or paper silver. We’re watching right now what happens in the silver market when too many people realize the metal isn’t really there and start demanding delivery. The same exact thing can happen to Bitcoin if/when a large number of people demand self-custody all at once.
Custodians, exchanges, ETFs, these are fractional systems. They rely on the assumption that most people won’t ask for the real thing at the same time.
And honestly?
Paper trading should be a sin.
If we actually traded raw materials—real Bitcoin, real gold, real silver—we’d have a far more intelligent, transparent, and well-informed market. Prices wouldn’t be so artificially manufactured, suppressed, or manipulated by layers of derivatives and promises stacked on top of promises.
📢 DEMAND DELIVERY.
Just like you should with gold.
Just like you should with silver.
Do it with Bitcoin.
Self-custody isn’t paranoia.
It’s responsibility.
It’s ownership.
It’s the entire point.
Not your keys. Not your coins. 🔑₿
100% SERIOUS question:
Why do we talk about Bitcoin being a bearer asset and nobody can take it from you and FrEeDoM mOneY when nearly everyone since this cycle is KYC’ed and databases ready for the Strategic Bitcoin Reserve to exceed 1 million coins via a 6102 confiscation order?
Even people with their keys can and will lose their bitcoin or be jailed if they don’t turn them over if the on-ramp into Bitcoin was via a KYC source. 🤔 🤔
Where is the best place to get these exact Bitcoin shirts that are high quality but priced right?
I’ve seen Michael Saylor wearing them, a few other people here and there over the past year and now the guy from The Exit Manual channel on YouTube.
I want like one or seven of these! 
I use it almost exclusively as my main client. Love bitchat.land! :)
Sounds about right.
Got my nostr:nprofile1qqszfpjfq9tx5we7vdz3duj75t8s23evflnvlc5hqcndj3drsmcrf5gpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcf278xf today!!! Only went for 100 Genesis cards to see what they were like. Thinking Heroes and Villains will be the next purchase unless someone has a better recommendation? I still don’t know a lot about all of the different offerings, but I really like the idea of Bitcoin trading cards!!! :)
If you are into Bitcoin and haven’t been keeping up with every video BTC Prague has been putting out, you are NOT a Bitcoiner.
Jesus Christ, man.
It.
Is.
Pure.
Signal.
The US conference was pure cbdc, erm- I mean - stablecoin noise.
Wow, nostr:npub167n5w6cj2wseqtmk26zllc7n28uv9c4vw28k2kht206vnghe5a7stgzu3r’s lineup killed it this year and I’m shocked how much content they are still dropping regularly from the conference. It has to be coming to and end soon?!?!?!!! I hope not. Bring it on. Loving all of the speakers.
Finally got a Bitcoin Knots node up and running and trying to get Electrum Rust Server up synced now. Still have LND to get running, LNBits, LNDhub, Thunderbolt, RTL, and many other things.... ugh.
Building all of this from source and getting it to run is going to have me bald before it's all said and done. lololol
Officially have a household sat bank set up complete with a leaderboard website for the family and grandparents to watch. Updates every 10 minutes AND creates a chart that you can switch days on and see how the sat distribution was then. It’s pretty cool!!!
Zapping sats to the kids for chores or going above and beyond is awesome. Teaching them about money is awesome. Teaching them about SCARCE FREEDOM MONEY is awesomeeeee!!!!!!
Looking into utilizing lnbits soon, im very familiar with it, but thinking about trying to branch this out into a tiny community bank by onboarding some of the kids’ friends and maybe orange pilling some precoiners along the way. 😎 probably go with Fedimint then because of MSB rules and all that jazz that I want nothing to do with.
Custodying my kids fun that’s basically Monopoly money to them right now and running a community “bank” are two different things. I’d rather spread out that custodial liability amongst 10-15 people so that no person can be said to have been an MSB at some point along the way. 🤷♂️
I may burn out on this idea and never get it outside of my house. High probability of that. 😂
We are Anonymous.
We are Legion.
We do not forgive.
We do not forget.
United as One.
Divided by zero.
Expect Us.
One thing that may help with cap gains is using HIFO or LIFO paired with a DCA strategy. That way the taxes will be very minimal since they will be the highest priced sats you have.
If you are putting more into Bitcoin continually still and your most recent amount converted can cover your expenses as quickly as you can replenish them, you shouldn’t ever pay large cap gains on your very long term holdings because you will be cashing out the highest cost sats or most recently acquired sats, first.
I’m not a professional. This is not financial advice. It is theory from a random on the internet. 🤷♂️
I’m also kind of sad Elizabeth Stark didn’t get double the time, Uncle Rockstar should have been a speaker, Mallers is hopefully up tomorrow, more of Satoshi, erm, I mean nostr:nprofile1qqsqyredyxhqn0e4ln0mvh0v79rchpr0taeg4vcvt64te4kssx5pc0spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spr3mhxue69uhkummnw3ez6un9d3shjtnhd3m8xtnnwpskxegx06yk5 Adam Back. 😉 Just OGs. Andreas Antonopolous on stage again, preaching the good word would probably make me cream my boxers. Jack Dorsey should be speaking. I’m just sad. It’s all “WuTs yOuR cReDiT sCoRe?!” bros now. Buncha fiat-bloated pigs. 😞
Seems like stuff we know so far. Kinda cool hearing the “no taxes on deminimus amounts of Bitcoin being spent under $600” sounds really nice and would further increase adoption significantly, imho. I would be a lot more willing to spend some if I didn’t have to worry about a taxable event for every transaction I make.
And I agree on the “crypto” and “stable coin” talk. It’s ridiculous. BITCOIN 2025, not CRAPTO 2025.
Gave ‘em a follow! 😎
We need to do something as a community because as the price rises, people are less and less interested because “i’Ll nEvEr OwN a FuLl CoIn” - no shit, you won’t. You missed that boat, but you didn’t miss the 60%+ CAGR of Bitcoin if you’d just save in it… every sat counts.
How are you going to keep it from being gamed? What if I just sat here and shook a pedometer 100000 times a day to make $2800/month?