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Imagine you go into a market with shelves full of goods. In one aisle, you see an entrance to a labyrinth. Next to the entrance there is a sign advertising an item for sale at the center. Is this item part of your opportunity cost structure when it comes to your business at this market? I think not. You are not willing and able to buy it until you have solved the maze.

Bitcoin self-custody is a labyrinth. He/she who doesn't buy bitcoin due to a lack of understanding has never had a choice in the first place. He/she who buys an ETF product because self-custody is confusing never had a choice. He/she who thought they owned Bitcoin but was rug pulled and proceeds to avoid it never had a choice. Mr. Buffett, Mr. Munger, and Mr. Dimon, while quite vocal about their "choices," have, in all likelihood, never had the chance to make this choice. You can only choose once you understand what it means to have. In life it is our responsibility to give ourselves opportunities for choice. YFM?