There’s ₿… and then there’s the illusion of ₿:
•🧻 BTC ETF
•🪙 BTC per share
•🔒 BTC on centralized exchanges
•🔁 Wrapped BTC (WBTC)
•💼 Bitcoin-backed bonds
•🏦 Custodial Bitcoin accounts
None of these are Bitcoin.
They are IOUs, abstractions, derivatives.
The biggest mistake of all
“I understand Bitcoin.”
No one understands Bitcoin fully.
You grow into it.
Bitcoin changes:
How you see money
How you see power
How you see time
How you see trust
That’s why it’s hard to explain.
And impossible to stop.