Anyone who's read the Sovereign Individual knows that you cannot escape the flight of capital and as we gain individual power with bitcoin, passphrases, and multisig, it's only a matter of time before those dinosaurs collapse.
Good riddance.
Bold talk but ask your self -How many hodlers hold Bitcoin without having been KYCed? -How much of the entire market cap is now held by institutional custodians? -Do you really believe the most powerful state backed monopoly on the planet- one that sustains the US model of hegemony will surrender to a protocol that they can engineer a ban on private custody over? -Was E.O. 6102 in breach of the US constitution? If so that did not stop them from imposing it. -How many hodlers would hold out against an offer of acquisition combined with a ban on private custody that would decimate the value and liquidity of their stack?
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