PEOPLE WHO DO NOT SELF CUSTODY BITCOIN, THERE IS A NAME FOR THEM, WE CALL THEM POOR.
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P - People (that)
O - Oblidge (to)
O - Overwhelming
R - Regulation
Ouch! Say that to Saylor
what do we call people with a bunch of tether?
self custody is one of the most important aspect of this new tech: bring it on!
PEOPLE WHO DO NOT SELF CUSTODY BITCOIN, THERE IS A NAME FOR THEM, WE CALL THEM POOR.
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Wise words ππ«‘
Go Fork Yourself @npub15dql...lm5m
MY ENGLISH is POOR
I THOUGHT WE CALLED THEM FUCKIN IDIOTS
What Saylor said about the confiscation of gold really gets me and leads to a wider point, which I struggle with a lot when I comes to self custody. Assuming you self custody Bitcoin and the govt declares it illegal to hold bitcoin, what do you do now? Yes you have your bitcoin, but now you are taking massive legal risk holding onto it. If you live in a chaotic state, i can see a reason to leave, but lets assume its US (in current social status) and you have a family and yes economocally things are falling apart which may lead to unrest but there is no place in the world you would rather go either (personal view of this exercise). Realistically I feel most people would turn in the bitcoin due to the level of punishments which would be associated with not doing so. So in this case, whats the difference between self custody and custodial? Curious what you think
With Self custody you have an option ( not to comply)
Latter : you don't
If you choose the latter thatβs a bold step which rarely leads to good outcomes for anyone esp if you have been KYCβed. Though I understand and agree with self custody itβs not the easiest of positions to be holding onto something the govt doesnβt want you to have
you're just being paranoid
Whatβs bitcoin anyway
PEOPLE WITH DEMENTIA WHO FORGET THEIR KEYS, THERE IS A NAME FOR THEM, WE CALL THEM POOR.
#Bitcoin doesnβt care about Michael Saylor.
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But but but⦠JP Morgan gives me 5%yield
ZAP ME 42 SATS TO SELF CUSTODY ON PHOENIX. THATSSOL.
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Nostr - poor people land.
#nostr #music #musicstr
PEOPLE WHO DO NOT SELF CUSTODY BITCOIN, THERE IS A NAME FOR THEM, WE CALL THEM POOR.
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@npub15dql...lm5m is our next hero to slay for sure. He is losing it lately. His last interview with @Saifedean Ammous was quite revealing, he was agressive and misleading on everything Saif was trying to explain.
He did it again in his last interview. He is following a very wrong and dark path. He is gonna be rekt if he doesn't react quickly.
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Is poor a name, though?
It's a good meme, because it immediately gets the right kind of wrong person wound up
Ie they don't get the nuance
Classic
HFSP is one of the best bitcoin memes for sure
SayPoor
THE CONVENIENCED
Same for people that spend their Bitcoin. IMO.
Cold storage. Donβt touch it.
crypto unanarchists
True
PEOPLE WHO DO NOT SELF CUSTODY BITCOIN, THERE IS A NAME FOR THEM, WE CALL THEM POOR.
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Iβm not putting my net worth on a god damn thumb drive. Iβm diversifying risk across counterparties. You do you.
Good luck if they ever arbitrarily decide to freeze your account.
Good luck to you, too. Most Bitcoin is lost through self custody mistakes.
Iβve never lost anything using self custody. All losses have been due to exchanges and custodial wallets getting rugged.