Are you saying that rising frequency of local adoption, and the separation of money and state, is more important for the price than Americans introducing a new, lower fee, regulated, custodied on-ramp? (Because I don't think you don't care about price.)

You exactly describe Elon.

Agree. Armstrong is polished, but still manages to come across as an untrustworthy pseudo intellectual, weak thinker.

Individual property rights are a cornerstone of freedom.

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In the first world, bitcoin is mostly a investment and store of value. In other places, it is more than that.

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The suits are coming. They are coming.

...or he'll go down as the JP Morgan's of out time...same thing.

Interesting. He prefers spot (and / or self custody?) to the levered exposure from MSTR?

I always fancied myself as a contrarian, thinking different. There is an elitism to it, and a comfort. I'm smarter than the next person. I'm making better decisions. Others don't understand, and I'll be proven right in time. But, alternatively, is reality rather that I have gotten lucky and I've deluded myself with ego and confirmation bias? Have I underestimated the power of the majority to shape the world's beliefs, and reward a different set of thoughts and behaviors that can defy my beliefs?

Because, everyone is getting excited about the US spot ETFs. But does anyone know a US investor looking for a new store of value or medium of exchange? The US stock and bond markets are roaring. So, who knows, maybe some allocate a little to bitcoin given the new-found convenience, influenced by ads, headlines, marketing and number go up.

But, will anyone gain the conviction necessary to gain traction necessary for lasting change? Will their minds escape the trap of central control?

I guess we will find out, but I'm increasingly thinking the ETF is really a pretty non-consequential blip in the arc of true bitcoin adoption, where people are valuing the ledger as a borderless, immutable, neutral source of truth and communication. At present, price would indicate the chance of this as pretty small. But I'm a contrarian.

Each zap is a badge of honor in our search for truth and freedom. Thanks for all you do.

Just remember, #bitcoin ETFs are the enemy of self custody and the individual freedom it supports.

If ETFs gain in popularity, education will be substituted with simple soundbites and 30 second commercials. Normies won't be converted to maxis, so much as retained in a system of control.

Approving all of the ETFs in noisy and spectacular fashion, framing them ultimately as the on-ramp to modern riches, is a savvy chess move of the ruling class who care mostly about control. It leverages "number go up" to the benefit of central authority.

The key is: how does the bitcoin community use its new-found wealth? Do influencers buy Lamborghinis, or do they find ways to spread freedom?

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And next year might also see the mempool clear...trending lower and lower!!

Aantonop is a legend.

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So gorgeous, and beautiful. A Christmas blessing.

"Your support of #bitcoin puts you in the same category as the framers of the [US] Constiturion, that gave us that Bill of Rights...you are the current manifestation of that impulse." -RFKjr

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The bitcoin journey starts with a search for truth, and finishes with what we all do about it.

Hats off to all the Freaks.

I think many people still think USD is backed by gold! 🤣 (why is that?)

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