The Bitcoin Way Podcast Ep. #46
Freedom Money is in Jeopardy with @darenadam8
Daren Epstein is back on the podcast and hitting hard on why #bitcoin as “freedom money” is at risk. All kinds of hot takes here but some incredibly important points raised… don’t miss this one 🔥
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#Bitcoin - the ultimate Uno Reverse card
#bitcoin ETFs 👇
- You introduce unnecessary counterparty risk
- You don't actually own any Bitcoin
- You can't transact with it
- You have zero privacy
- Ongoing fees = your stack gets smaller over time
Suggesting ETF shares are superior to Bitcoin in self-custody is ridiculous
If you're holding dollars then you're getting poorer faster than you think
#Bitcoin in FULL self-custody is the only way to protect yourself
GM #bitcoin twitter ☀️
Thanks for sharing our content 🧡
Stop outsourcing your trust or you will get burned 🔥
Secure your #bitcoin in secure self-custody 🔐
No counterparties, just personal responsibility ✅
Ignore #Bitcoin all you want
But if you ignore what's coming you'll be crushed under the weight of it
When you try and withdraw your #bitcoin from the exchange but...
- They want you to book a video call with them first
- They don't have any availability for 2 weeks
- They don't even show up to the call you booked
- Their support team say they are 'looking into it'
- Weeks go by without a resolution
Stop trusting custodians with your money ❌
(Notice they never seem to have a problem accepting your deposits 👀)
If central bankers aren't nervous yet then they haven't understood the path we're on
One by one people are waking up to #bitcoin
Demand for their worthless currencies will eventually perish ⚔️
Sell it for what?
Dollars? 😂
#Bitcoin IS the profit!
You could take self-custody of your #bitcoin and be free
But you choose to remain tethered to a custodian
Why?
If Blackrock ever do try to change #bitcoin it will no doubt cause some turbulence....
During which they will end up bankrupting themselves
You have received ample warnings about leaving your #bitcoin with custodians
If you don't take self-custody, don't expect a huge amount of sympathy when you inevitably get rugged
GM ☀️
Anyone else got an insatiable appetite for #Bitcoin at any price?
What will you do when your bank fails?
What will you do when your national currency dies?
Better make sure you have some #bitcoin in secure self-custody with ZERO counterparty risk
This is actually a great way to start a conversation...
Questions like this cut straight through the fiat B/S
Why are you still working for something others can create from nothing?
Opt out of the scam -> #Bitcoin in self-custody
#Bitcoin exchanges fail frequently
The FTX collapse was global news
Yet there are huge swathes of people still using third parties to safeguard their wealth
These people will end up learning the hard way
Has anyone checked in on the German government recently? 👀
Imagine selling #bitcoin for something you can create for nothing
The sheer madness of it 🤯
GM ☀️
The best thing about #Bitcoin is how stable and predictable it is
Bitcoin is for when you're done with speculating and gambling just to beat inflation 💡
Why are you measuring your wealth in shitcoins? 🤔
