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And even if they want bitcoin as a savings device, they tend to opt for the more convenient options of ETFs or treasury companies.
Stocks come with risk, they are not simply hard money. Investing != saving.
I agree with you, of course, but I just don't think the average person sees it.
The question is why tho. Surely everyone understands the concept of being self custodial. It's not that complicated of a concept, or is it?
For the normie brain in the developed world, there’s no urgency to self-custody. At least not before wealth confiscations etc. begin.
Maybe in Argentina they might be more susceptible to the idea.
I don't think it's a hard concept to understand, but most people seem content to have their bank control their money. People are lazy. Unless there is an immediate and compelling reason for them to change their habits, they're not going to.
I don't think very many people at all understand the concept of self custody. So much of western life involves custodies things. Look at email. The entire financial system. How easy is it to take custody of an equity you purchase?
I agree with you, of course, but I just don't think the average person sees it. And even if they want bitcoin as a savings device, they tend to opt for the more convenient options of ETFs or treasury companies.