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Myleschetty (OP)
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March 02, 2026, 02:29:01 PM
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 #1

Things is happening like this some people still choose to invest in Bitcoin ETF which still give the 1% people more power when the reality is that no one is worth trusting with our Bitcoin mor than ourselves, which is why we need to prioritize self-cutodial especially now that institutional investors diversify from Bitcoin investment to Gold whenever there's market uncertainity which was not the case years ago before ETF. This means we are heading for something that has never existed before. I believe we can also judge by the low purchasing power, investment, and mass unemployment.
Are we not making the same mistake our forefathers did by investing in something created to enrich the 1% while enslave common man when Satoshi created Bitcoin to serve as liberation for us, or do we think Satoshi didn't know what he was doing when he made Bitcoin a trustless system without the need of centralized intermediaries?
We already have something beautiful through BTC dont let us spoil it by going for BTC ETF when we can get a good self custodial wallet and hold it ourselves.

Another factor is that institutional investors have invested $2.05 trillion in global AI this year alone. In my opinion, every penny invested in this movement will cause more Bitcoin miners to stop mining in the future (since AI mining is already underway), which will also result in the loss of jobs, a collapse in spending, a stop in revenue, and a sharp decline in tax revenues.

Something MASSIVE is coming, and, unfortunately, the same institution and organization that creates the system that will enslave every common man introduces the BTC ETF. A lot of Bitcoiners ignore the no third party trust introduced by Satoshi and choose to invest in the same third party system that always creates something to benefit the 1%.

I know some people maybe thinking their social security trust fund will next option but nothing guarantee that it won't be depleted in 2033, and 2025 Social Security Trustees Report said it all. Sooner or later, every retiree in America and other countries will take a 23% pay cut overnight, by law. Mind you, all fiat currencies have lost atleast 25% purchasing power ever since COVID 19 happened in 2019, so we are getting reduced benefit in fiat currency that now buys half of what it did years ago.

The only best preparation i believe is for us not to trust in the system that was not create to benefit us because if it was created for our benefit the government wont have practise the 10% inflation when they know it will lead to unsustainable government debt, support the use of AI/human robot instead of human in every industries when they know it will lead to lost of many jobs.

20 million BTC will be mined this month, and I think we should stop supporting initiatives that will make Bitcoin more centralized in the future. I hope what I said here today is enough to open the understanding of some people towards making the needed preparation for what is coming.
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March 02, 2026, 02:53:06 PM
 #2

Things is happening like this some people still choose to invest in Bitcoin ETF which still give the 1% people more power when the reality is that no one is worth trusting with our Bitcoin mor than ourselves,

Investing in Bitcoin ETF is not the same as bitcoin investment, people should know this and if you are more interested in making profit and control your assets in your own way I'm maximize every opportunity to be in control of your asset, then go for Bitcoin and don't give a third party your fund to invest and share you a certain percentage from the profit they are making, I hope by now many already understand the difference between the two.

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Easteregg69
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March 02, 2026, 02:55:17 PM
 #3

I took the test.

ETN's is unregulated and you cant raise claims if the provider goes bankrupt.

Got some fresh Cardano ETN's now.

Who cares if they go bankrupt?

Throw some "shit" and see what sticks.
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March 02, 2026, 03:23:12 PM
 #4

Things is happening like this some people still choose to invest in Bitcoin ETF which still give the 1% people more power when the reality is that no one is worth trusting with our Bitcoin mor than ourselves,

Investing in Bitcoin ETF is not the same as bitcoin investment, people should know this and if you are more interested in making profit and control your assets in your own way I'm maximize every opportunity to be in control of your asset, then go for Bitcoin and don't give a third party your fund to invest and share you a certain percentage from the profit they are making, I hope by now many already understand the difference between the two.

When people complain about how ETFs are accumulating Bitcoin, my question is, what can be done to stop them? Let me guess that Bitcoiners should increase awareness about the dangers of investing through third parties. And encouraging people to adopt self-custody. I have always told anybody who wants to know about  Bitcoin to buy directly and I have never considered investing in ETFs.

The majority of those who invest in ETFs are avoiding the responsibility of self-custody, or they have confidence in the providers. People will never learn until they become victims. 

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FirmWars
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March 02, 2026, 05:19:54 PM
 #5

The "you can take a horse to the river but can't force it to drink" still exist and people know it, people knows what they are signing up for, while to you, you think they are stupid but you can not force people do what you like, you can't make them do what they feel is not safe for them 🤷‍♀️, as they believed that bitcoin ETF is low risk to the real Bitcoin, they should experience what comes by such decision. They have done there research before investing on ETF and at the end of the day, it's just profit they want which they will likely get as long as Bitcoin value appreciates.

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March 02, 2026, 05:59:37 PM
 #6

The "you can take a horse to the river but can't force it to drink" still exist and people know it, people knows what they are signing up for, while to you, you think they are stupid but you can not force people do what you like, you can't make them do what they feel is not safe for them 🤷‍♀️, as they believed that bitcoin ETF is low risk to the real Bitcoin, they should experience what comes by such decision. They have done there research before investing on ETF and at the end of the day, it's just profit they want which they will likely get as long as Bitcoin value appreciates.

True, everyone has a different risk comfort level. Some choose ETFs because they feel easier and safer, even if it means not holding real Bitcoin. At the end, both are just trying to profit, and if Bitcoin keeps growing, both can still win.
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March 02, 2026, 06:03:20 PM
 #7

Things is happening like this some people still choose to invest in Bitcoin ETF which still give the 1% people more power when the reality is that no one is worth trusting with our Bitcoin mor than ourselves,

Investing in Bitcoin ETF is not the same as bitcoin investment, people should know this and if you are more interested in making profit and control your assets in your own way I'm maximize every opportunity to be in control of your asset, then go for Bitcoin and don't give a third party your fund to invest and share you a certain percentage from the profit they are making, I hope by now many already understand the difference between the two.

When people complain about how ETFs are accumulating Bitcoin, my question is, what can be done to stop them? Let me guess that Bitcoiners should increase awareness about the dangers of investing through third parties. And encouraging people to adopt self-custody. I have always told anybody who wants to know about  Bitcoin to buy directly and I have never considered investing in ETFs.

The majority of those who invest in ETFs are avoiding the responsibility of self-custody, or they have confidence in the providers. People will never learn until they become victims. 

True, ETFs can’t really be stopped. The only thing we can do is keep educating people about self custody and why holding your own keys matters. Some will always choose convenience, and many only learn the difference later.
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March 03, 2026, 01:22:37 PM
 #8

I took the test.

ETN's is unregulated and you cant raise claims if the provider goes bankrupt.

Got some fresh Cardano ETN's now.

Who cares if they go bankrupt?

What do you mean by who cares? People who don't have a lot to risk should care, they must risk only what they can afford to lose, if you don't care that you can lose alot on any investment choice you are a reckless investor.

Even popular rich investors won't advice you to invest alot simply because they are sure about what they are investing money on, nothing is guaranteed, every investments only deserves some percentage of your money.
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March 03, 2026, 02:29:54 PM
 #9

I don't know if individuals who will only be buying a few amount of bitcoins will be resorting to ETFs. Most are probably company owners who may have millions to spare. If there's any I hope they realize that the fees and the sacrifice of once again giving power to a third party is not worth it. Owning bitcoin ourselves is the best we can do for ourselves and our family.
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March 03, 2026, 03:47:25 PM
 #10

No initiative or government policy that can centralize bitcoin for any purpose, the network has been built on such a way that does not permit for centralization, that is why when we look at the element of blockchain we are going to see a lot of futures that does not support what a third party can control or tamper with, all this make it a complete trust we had on the Bitcoin network for our safety.

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Merit.s
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March 03, 2026, 04:01:47 PM
 #11

The problem is that most of those people buying bitcoin from ETFs are the people who cannot be in self custody of their bitcoin. Bitcoin ETFs gave some the confidence to start buying bitcoin because they believe ETF will be in full responsibility of their coins.

This wasn't how bitcoin was designed. Currently, most investors are only after making profit from bitcoin which has made them neglect the importance of being in control of their bitcoin. This is why they don't bother about keeping their bitcoin with a third-party.

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March 03, 2026, 04:12:11 PM
 #12

Most in the Bitcoin universe have contradictory goals: they want Bitcoin to be a strange and religiously pure realm that only hardcores can understand, but they also want the investment money from mainstream investors so their Bitcoin value moons and they can retire comfortably from the profits.

For almost all users of Bitcoin today, it's defacto centralized. That ship sailed a long time ago.

If you use any kind of bank, app, any of the ETFs, any L2, any investment app, or anything that provides you custody of your Bitcoin (which isn't really "your Bitcoin" in these cases, it's just an entry in an Oracle database entry with your name and the # of sats you own), then that's centralized. And easily 95% of individuals who invest in Bitcoin today do so in one of these ways.

That's what started happening to Bitcoin starting 10+ years ago. This is nothing new. The minute Bitcoin and digital currency became defacto legal, it was no longer necessary to have a decentralized infrastructure, so people started moving away from it since decentralized architectures cannot possibly scale to mainstream use. That's also why subsequent cryptos--who collectively have roughly the same market value as Bitcoin--are almost all defacto centralized from an architectural standpoint (i.e. the proof-of-stake model). And now many major cryptos don't even pretend to be decentralized like XRP and Hedera, which doesn't even use blockchain.

The only thing people care about with Bitcoin is that the price goes up after they buy it. Centralization helps the price go up by expanding access to more investors. Therefore Bitcoin will become more centralized. It's as simple as that.
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