Oddbean new post about | logout
 It's the small DCAers that were told to get their BTC off exchanges. They've built up huge amounts of UXTOs that are either going to be hit by v high % fees, or even turned to dust. Lots of disenchantment. Hope there's some automated solutions to help them soon. 
 Utxo management wasn't anything I saw people talking about, at least not when I got in. It's like a kid that got all these cool toys for Christmas but no one's telling him to clean his room and not leave them lying around everywhere to get stepped on and broken. The adults were just taking it for granted that the kid would keep it clean.

Utxo management is one of the first things people should be told about self-custodying bitcoin. It should be persistently hammered into their heads instead of being fear-mongered to "git yer coins off dirty exchanges."