These are utter 💩 and have a very high risk profile. Basically, cETNs are unsecured debt notes/securities so not only do you NOT own the cryptocurrency; you also face issuer credit risk. They are not the same as ETFs where you hold the actual asset. View quoted note →

Coinbase sucks but based on the number of people I know who have bought bitcoin via Coinbase it might have some impact… 🤷🏻‍♂️ View quoted note →

The clouds are crying in London… Why so sad?

Good Morning! ☕️

Had a chat with some friends about bitcoin today and, in brief, the core barriers were: 1. Fiat mindset / understanding it. 2. Acquiring it, keys, and storing it. 3. KYC. 4. Regarded an asset not a currency. 5. CGT upon using it. 6. Not enough merchants accepting. And then the usual shit like “only criminals use it” and energy use. Was very tired afterwards.

I’ve been thinking deeply about a range of topics and issues… And the answer really is to stack more sats and to self-custody. (But to also have fun along the way)

I’m now not sure what is being decoupled here? 🤣

Brace yourselves for the Trump vs Musk AI slop videos…

Musk vs Trump 🍿

Greenpeace rep just knocked on my door. Said, “no thanks, I’m busy mining bitcoin” She looked confused and offered to come back later. I replied “no, no” in the style of Family Guy’s Consuela and slowly closed the door… 🤣 I’m sure I wasn’t this weird before bitcoin.

Block 900,000 soon.

This was made by @HODL for only $250. Perhaps a sats fund should be set up to create more? View quoted note →