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THE LIFESTYLE | 8 months ago (raw) | root | parent | reply | flag 
 Every single self-custodied sat is a fuck you to the cantillionaires and their rent-seeking cartels around the world.

There's still so much work that needs to be done, but it's great to have an actionable path forward.
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Lucky Kite | 8 months ago (raw) | root | parent | reply | flag 
 90% of of sats are not self custodied.  The cantillionaires are laughing at you, selling you their traceable, impossible-to exchange-for-actual-goods-without-KYC, non-currency.  Bitcoin is a lot of cool things, but what it isn't at any scale is permissionless, private or spendable on real goods and services without KYC.  Fiat cash beats it on all of those measures.  Its sad how in denial Bitcoiners are about this.  They have been conned into using the most restricted and traceable financial instrument there is, its little more than a CBDC.
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Systemling32 | 8 months ago (raw) | root | parent | reply | flag 
 Public data shows that there are around 1.8 Mio BTC on exchanges and another 880.000 in the ETFs. Where are you getting your 90% of custodied coins from? Other way around is more accurate.
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Lucky Kite | 8 months ago (raw) | root | parent | reply | flag 
 I was referring to sats sent on the lightning network.