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Recently there was a lot of news about Samourai and Tornado. While we all knew about it yet with no hit piece in the NYT and all the usual mealymouths nice and quiet, normies remained blissfully unaware. It's all about power.
The suits DO want to scare real bitcoiners away from freedom tech but they DON'T want to scare normies away from the ETFs.
The suits and the SEC think they're smart. Instead of allowing ETFs to hold their own coins they created a new entity called a sponsor with no accountability and full power over the underlying. Read the fine print on your favorite ETF and you'll see that in the event of another bcash, you'll be powerless to sell the shit. Another example of how KYC is a direct threat to Bitcoin.
If you want to call yourself a real bitcoiner, you must take custody of your ETF coins. Sell the ETF. Pay the necessary tolls and get genuine bitcoin into self-custody. Done.
If you care not about virtue then please at least scalp the ETFs. For the low-time-preference believer, bitcoin is the perfect knife to catch.