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0 sats \ 0 replies \ @Solomonsatoshi 10 Dec \ parent \ on: Bitcoin imposter syndrome bitcoin_beginners
Agree the institutions are not all our friends and they have their own agendas.
The rentseeking fiat bankers want Bitcoin restricted as much as possible to being a relatively harmless SoV/speculative commodity that they can capture and control - they do not want their fiat MoE hegemony threatened by competition with Bitcoin.
We cannot stop them from acquiring Bitcoin but we can inform everyone that there are real potential dangers in institutional custody...especially in giving ETFs custodial control of Bitcoin they have not paid for-