Sunday, 12 June 2022

Bitcoin is at a stage when the people with ability to print infinite fiat monopoly money can artificially manipulate and supress the dollar exchange rate. But we have a simple weapon to stop this.

Self custody.

If someone is giving you 5% yield on your bitcoin, they're using it to suppress the price by 25% creating paper bitcoin. 5% yield at 25% artificially lower price means you're losing money. Someone else is making money off your back. Sound familiar?

Get your bitcoin out of centralized exchanges and third party custodians.

This is too important to be careless or ignorant about. Your future and the future of your kids and grandkids is at stake.

submitted by /u/KAX1107
[link] [comments]

No comments:

Post a Comment