65600

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65600
npub13s7k...27y8
BTC maximalist since around Block #65600 after finding whitepaper on slashdot. Experienced misplacer of thousands of BTC in my time. #LiquidNetwork 🌊 #LightningNetwork⚡️ #TacoPleb
🚨 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. 🤔 🤔
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