Damus
Short Fiat · 11w
Bear markets don’t break Bitcoin, they break the financial theater built on top of it. Custodial services offer p2p Bitcoin backed loans are likely the next fraud that is waiting to be uncovered. ...
Matty Mick profile picture
More of this. Last cycle, retail took ₿ to 69k. Stay humble, avoid leverage, stack sats, cold store, run a node, hash at home was the message. Still true today although the message has been muted as influencers join boards of treasury companies, custodians start offering loans and yield and retail becomes convinced wall street on-ramps are much easier than “impossibly difficult” self sovereignty.

Wall street and bank adoption is inevitable but this was NEVER about trusting them. Self custody only for the plebs. Trusting the full faith and credit of governments is what led us here….verify, dont trust.
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J.A.D.I.P · 10w
Can you share some easy on ramps for a newbie that doesn't involve wall street?