I think Bitcoin really appeals to people who want to take the time to learn self-custody.

Why? Because if you are buying the etf... and don't know what a seed phrase is, you don't know what the 'mempool' is, you don't know how a transaction works or and you've never made one (EVER) and you've never even looked one up...

How the heck could you know what you're buying? ??? And if you've never heard of Lightning or used it (incredibly unlikely if you haven't done the other things) then how could you possibly appreciate Bitcoin's value and utility?

I think this is what results in the 'editorial' or 'cnbc' syndrome... where the 'critiquers' have never made a Bitcoin transaction and have never even heard of the 'mempool' so they are completely in the dark lol.

Value appreciation starts in Self-Custody... it doesn't start with the ETFs even if those are 'more available' through a brokerage they don't teach someone anything.