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Custodians are a layer 2. They were gold's layer 2. That layer 2 method had and has a critical flaw though and that flaw is the exactly the problem we're trying to solve with Bitcoin.
100% agree. The ETF is bolting on the Fiat flaws to the superior technology.
Custodians are a layer 2. They were gold's layer 2. That layer 2 method had and has a critical flaw though and that flaw is the exactly the problem we're trying to solve with Bitcoin.