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170 sats \ 4 replies \ @tomlaies 20 Jul \ parent \ on: Another Bitcoin company pivots to AI bitcoin
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?

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114 sats \ 1 reply \ @teemupleb 20 Jul

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.

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1 sat \ 0 replies \ @tomlaies 20 Jul

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108 sats \ 0 replies \ @SimpleStacker 20 Jul

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.

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1 sat \ 0 replies \ @Scoresby OP 21 Jul

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?

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