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"Mass-adoption" of Bitcoin as a MoE might not be what the stackers think it is.

I think mass adoption as a SoV will also not be like most imagined. It can be hard to see reality when you have a pre-conceived version of it that's so well-developed.

0 sats \ 0 replies \ @anon 4h

If people don't self-custody it... where is the sovereignty? If they don't make the transaction sort-of-kind-of themselves... where is the censorship resistance?

And so if they don't have sovereignty, and they don't have censorship resistance and they don't know what a node is or care how many Bitcoin exist and they can't verify that with their own node...

Why wouldn't an American just buy the "gold etf" they can buy that in their brokerage and 'custody' that as much as the Bitcoin ETF. Buy it sell it when it goes up etc etc...

If you can't send it to who you want... and 'own it' then just buy the 'gold etf' and that's exactly what people have been doing.

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