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Andrew on why only 2% will actually self custody their Bitcoin in 3-4 years "Nobody holds stock certificates at their house or in a vault. Why does nobody do that? One, it's custodial and insurance and all that stuff. But also, it's difficult to lend against those pieces of...

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So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots? Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked Saifedean Ammous this very question. His answer might surprise you... 👀👇 "If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time." "To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said. "If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money." Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network. "The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin." You can find the full interview for Cointelegraph in the 🧵. If you enjoyed this content, please like 🧡, retweet 🔁 and follow me 👋!

Gareth Jenkinson

34,417 views • 9 months ago

Former BlackRock fund manager Ed Dowd: "The metals are telling you that there's uncertainty out there and a lack of trust... [and] that gold and silver are going to be part of the new monetary system... [so] gold and silver are the trade and not Bitcoin so much." This clip of Dowd (Edward Dowd), who is also the founder of Phinance Technologies, is taken from a discussion with Michael Farris (Michael Farris) posted to YouTube on January 13, 2026. ---------------Partial transcription of clip--------------- "The metals are telling you that there's uncertainty out there and a lack of trust. I think the big, the moves in gold and silver are really discounting a lack of trust and fear of what is coming and what it's going to look like. And, and also it's also telling you that gold and silver are going to be part of the new monetary system. "And Bitcoin, interestingly enough, has stalled out. It's down 20% since October, the high in October and Bitcoin is barely up today. So, you know, there was always this thesis around Bitcoin that when when there's a new monetary system comes, it's going to, it's going to be protection against, you know, any of that kind of uncertainty. It's increasing. It's becoming increasingly obvious to me that gold and silver are the trade and not Bitcoin so much. "And Bitcoin, unfortunately, is very highly correlated to the Nasdaq and it's disconnected from the Nasdaq. The Nasdaq and Bitcoin have disconnected temporarily. Generally speaking, they're highly correlated. So what does that say? Does that say Nasdaq is going to catch up down to Bitcoin or is Bitcoin going to rally back up? I think that the Nasdaq is going to go down to bitcoin. So that's where we are."

Sense Receptor

136,648 views • 7 months ago

“I'm not a huge hater of the institutions. I wasn't a huge hater of altcoins. These institutional products are just kind of altcoins. People can go make their money. Go do your thing. But it's not Bitcoin. An ETF is not Bitcoin. With these centralized projects, you're not getting the core values of Bitcoin, the control, the censorship resistance, the privacy. You're putting it in a centralized wrapper, and if you put Bitcoin in a centralized wrapper, you lose everything that's good about it. It's not Bitcoin. It's just an affinity marketing thing. It's “Hey, you like Bitcoin, go buy my other project." Just like, "Hey you like bitcoin? Go buy my altcoin." It's not the same thing, and I think in many ways it's a step backwards. I don't hate these people, but they certainly shouldn't be celebrated. It's not forwarding our industry if we do treasury strategies, if we do ETFs, we cheer for BlackRock and Cantor. That's a step backwards. It's not something to be cheerful for. It's not a victory, in my opinion. A victory is having more people have direct ownership of real Bitcoin. We now have millions of people who've been onboarded into this fake paper thing that's a claim on a claim on a claim of something that has Bitcoin in the words, but it's not actually Bitcoin. They are never actually holding a wallet like many of us did back in 2012 where somebody sent us that first dollar and you say, "Wow, this is cool. I didn't need to give my ID and I'm able to control and hold this sound money for the first time." You now have a whole generation of millions of people that don't have that. They have some junk fiat product sitting like sludge on their centralized brokerage account at the centralized clearing firm, traded on a centralized exchange, with a centralized transfer agent, and a centralized custodian, and they have to trust six levels of people on a claim for something that has the word ‘Bitcoin’ in it. It's not a victory. It's not a step forward. I don't think it's something that should be celebrated at all.”

Bruce Fenton

23,882 views • 8 months ago

PLEASE Help Spread This Message, They Are LYING TO YOU About The Lahaina, Maui Hawaii Fires Victims Maui Victim “WE ARE NOT OKAY” People Living Out Of Their Cars, No Shelters” “People that live here are the only ones that are helping at all” NO HELP From Our Own Government 🚨 “Okay, I don't really know how to start this, but I just wanted to spread the message to people on mainland about what's really going on here because the media isn't doing us any good at all. Um, we're not okay. We're not okay. Um, we are emotionally damaged. A lot of people are physically injured. A lot of people have lost their family members. Only 25% of the burn zone has been searched and there's already been 110 deaths and it hasn't been the high impact zone like we're fucked. There's over 1300 people without a roof over their head right now, me included. I'm lucky enough to have friends but all of us are fucked. They're putting us in 30 day like hotel stays in order to find everybody houses but in a place where it's hard enough to find housing and hard enough to find jobs as it is, now that there is more people looking for jobs and there is less houses available on the island, everybody's fucked. And the thing, the thing for me is that... There is this grand sense of community here, like nothing like I've ever seen before. The gay pride marches, Black Lives Matter protests. I have never seen so many people come together and give up their own beds for people that just lost their house. But that's the problem. It's that nobody else is doing anything. Nobody is helping. It's all kanaka. People that live are the only ones that are helping at all. People that live are the only ones that are helping at all that all of the people on mainland are doing anything wrong. It's not your fault, but the government helping it all. And nobody seems to have any idea what's going on over here. This is the biggest natural disaster. It's caused the most deaths in US history. Like isn't there more fucking going on? Like I've calmed down. I've talked to so many of my friends on mainland that quite literally have no idea that there is 1300 people packed in shelters and living out of their cars and having to move onto the streets and that aren't getting assistance and that aren't getting walked through these steps. They have no idea that the death count is so big. They have no idea that the majority of people that have perished are going to be the elderly and the children. They have no idea that our alarm system on this island is the biggest strongest in the entire nation. I think it might be the strongest in the whole world, but not a single fucking sign off. Why is this not bigger news? Like, our government fucked us, didn't give us any warning, we had to flee our houses, we lost fucking everything, and nobody knows. 1300 people are displaced right now and hundreds are fucking dead. Why does nobody know? And I'm sorry, I wanted to add one more thing. It's that this isn't like, a fast road. There's almost no recovering from this, especially not in a decade, maybe not in two. Who's to say? But our biggest industry over here is tourism, and now that our biggest tourist city burnt down, we are going to lose so many jobs. So many people are going to continue to lose their houses. People are going to have to sell their land to sources that they shouldn't, just because nobody's going to be able to afford anything. Like, this isn't... This isn't... a ball game. This... We're going to be working on this for decades, and we're going to need support for decades, and it's pretty obvious that... No one is gonna stick around and help. Nobody showed up in the first place, really. So, just spread the message. Yeah, it's sad, but spread it. DEWs, Direct Energy Weapons #Hawaii #Maui #MauiFires #Lahaina #LahainaFires #DEWs #DirectedEnergyWeapons

Wall Street Apes

645,843 views • 3 years ago