If not enough independent entities/individuals self custody #bitcoin, it goes to zero. Your ETF goes to zero.
That's the game theory, bitcoin ownership must remain good part decentralized.
Man up and do your part.
It's easy.
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all that happens is that one day people who think they have bitcoin in an etf find out they don't
so they realize they are actually hugely short bitcoin and all try desperately to do something about it at the same time..
extremely bullish!
What for exactly? Self-custody is a very good thing of course but why would too much lack of it make price go to zero? Are you thinking this would dry up all liquidity? Something else?
If not enough independent entities/individuals self custody #bitcoin, it goes to zero. Your ETF goes to zero.
That's the game theory, bitcoin ownership must remain good part decentralized.
Man up and do your part.
It's easy.
View quoted note →
I think the problem is that if #btc gets too centralized, they can arrange a 51% attack, which means that people will lose trust in #btc itself.
If not enough independent entities/individuals acquire and use #bitcoin without KYC, it goes to zero. Your KYC'd Bitcoin goes to zero.
That's the game theory, bitcoin ownership must remain pseudonymous.
Man up and do your part.
It's easy.
#DontRiskItBisqIt
If not enough independent entities/individuals self custody #bitcoin, it goes to zero. Your ETF goes to zero.
That's the game theory, bitcoin ownership must remain good part decentralized.
Man up and do your part.
It's easy.
View quoted note →
doing your part means owning multiple wallets and nodes (or node supplies) even if they are still packaged and unused. i do this in preparation for an inevitable attack on the ability to purchase these things so that i can help friends and family when they realize in a moment of desperation why these things are needed. i suggest those that are able to do so do the same thing and stock up
Meh
i mean, i’m buying many coldcards. good for biz. but meh. no downside to what i’m proposing. doomer-ish? maybe.
running a node doesn't add anything to the network. Loading up and self validating with your own instance of core when you receiving/sending fund does.
agree
🤝
1. Step self custody
2. Step own a full node
3. Step have a miner
👌🏽
Can you recommend a way to do so...?
It’s easy…. With a seed signer
Hahahahahahaha. Triggered
Conducting your transactions from a node you install from 
connected to sparrow from that you’ve connected a hardware wallet to is really satisfying.
Don’t assume it’s hard! Plenty of people will help if you feel like it’s out of your realm of expertise. Just try it with a small amount of funds to start.
Bitcoin Core
Bitcoin
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Sparrow Wallet
Sparrow Bitcoin Wallet
Sparrow is a modern desktop Bitcoin wallet application supporting most hardware wallets and built on common standards such as PSBT, with an emphasi...
Another good reason to oppose the government from creating a strategic bitcoin reserve.
If you don't self custody you can't bid on blockspace.
Got my kees in a safe place 🫡
Man up and convert it to Monero. In a couple years, you will thank yourself.
Trying to learn all the rules of this game