I have a small amount of gbtc in a Vanguard IRA. What I am unable to find out is what happens to it now that Vanguard won't allow the ETF's. Do you know what happens to the gbtc that customers have in their accounts? Will it automatically follow the Grayscale ETF even though they won't allow anyone to buy it? I don't have a significant amount so its not a huge concern but I want to know so I can decide what to do.

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No. Everyone can use it but that doesn't mean they will. Centralized tools are popular because they are easy & convenient & that's wgat most people prefer. Just like everyone can self-custody bitcoin a lot of people won't, despite what some hardcore bitcoiners will have you believe. Nostr will never replace Twitter.

Don't trust, verify. Especially a big official announcement that's been posted on Twtter.

At least Elon actually fights back against the government & has a lot more to lose. Matt just posts to his couple of thousand followers on Nostr who are all bitcoiners because no-one else uses it. Elon would be soooo fucked if he was found out to have posted that tweet, I mean in *serious* trouble. It makes zero sense for him to do it though it's funny to think about him doing it.

Better hope no-one gets hold of your private key snd starts posting on Nostr fooling everyone into thinking it's you. Maybe social media, decentralized or not, isn't the place for a lot of official announcents.

I just buy used Thinkpads and install Linux. I like System 76 but feel I get more for my money from a used laptop.

I like the Amethyst UI but damn that cache just grows & grows with no way to to clear it other than clear the Storage completely then restart the app from scratch. Its the only one of my four Nostr clients that won't allow clearing the cache which is currently at just under 1gb and that is ridiculous.

Absolutely. His recent actions are totally personal: supporting Israel because he is Jewish & attacking journalists because they went after his wife. Still, it's been enjoyable watching the Left fight each other 👍

You can easily avoid it by not using the Twitter app & use a browser with an ad blocker instead. It's that simple, or do as I did and just delete your Twitter account. Now if I want to check a post or account I use Nitter. You can't post anything but who cares? 🤷‍♂️

Yeah, the ETF's are going to twist a lot of anti-bitcoin brains & will force them to re-think their views.

They are not a media company first & foremost. Do you really believe most of their revenue comes from their videos & not from selling bitcoin? You can't be that uninformed. Good grief 🙄

Natalie & Stephan are Swan employees

Who is asking Matt about it? Why hasn't he divulged that information? Using his logic we should call bullshit if he refuses to tell us. Besides, Ten31 have no rights to Swan information & Matt knows this.

Odell certainly has a beef with the Swan CEO but nothing to back up his claims so far, just speculation. I guess this is why Marty hasn't backed him up other than agreeing on s coupke of points on their podcast. As for Max Kesier that guy is losing it as far as I can tell, I can't take him seriously anymore. Matthew Kratter on the other hand is great 👍

Lol! Mr Smarty Pants. Point is that bitcoin, gold etc in retirementt accounts have to be held by custodians while you are contributing according to IRS regulations. I dare say you can withdraw if you are able to & self-custody but be prepared for penalties if the IRS discovers it, & with the new regulations for LLC's having to report to FINCEN (self-directed IRA's require LLC's) every year that is more likely to happen.

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Yeah I'm not advocating bitcoin IRA's just answering a question. Besides, not everyone wants to self-custody and that's just a fact that a lot of bitcoiners don't want to face up to. Some people are not going to take on that kind of responsibility, they'd rather stay with the convenience of fiat & banks and bitcoin ETF's. Convenience is so much easier, it's why most people don't take privacy & security seriously on the internet because that involves effort & responsibility no matter how many times they are told the importance of it.

Well if you are going to have an IRA you may as well have one that's going to give you the best return possible & nothing beats bitcoin. You can always stack stats in your own cold storage and have a Roth IRA to give you tax free retirement money too. When you retire you can withdraw the bitcoin, you just can't self-host while you are contributing.

The IRS rules state that they need to be held by a custodian or they lose IRA status. Choice might say you can self-host if you want but if you get caught it's tough. I dunno.

"Custodians. All self-directed IRA use custodians to hold your assets, and ensure your account adheres to IRS rules. Banks and other financial institutions are custodians for conventional IRAs, while there are specialized crypto custodians for Bitcoin IRAs."

https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-ira/