Fascinating read. A quote towards the end really struck me:

“ When basic entropy generation can cost more than most countries' GDP, maybe it's time to stop pretending this industry has grown up “

Yep. We haven’t even close seen the last of it. All these trad-fi ETF focused dudes have their head in the sand big time. A huge scandal is coming: a single miss placed or stolen key from a coin base insider will quickly and painfully rip away the blissful ignorance surrounding that space currently. Bitcoins history shows us time and time again that the only safe people in the space are the bitcoin-only self custodied.

I think too that is just another reminder to the doomers who somehow equate bitcoin ETF and trad-fi popularity to death of bitcoin or death of bitcoins message. Just because someone is shouting their message loudly into your ear doesn’t mean that your own message has lost footing or merit.

As always,

Stay humble stack sats self custody