Interesting. I started thinking about this from a place of un-ease around the ETFs, not the skewed distribution. The fact that individuals who care about Bitcoin hold more Bitcoin than BlackRock gives me hope that the balance of power will be more fair than it has been before.

It’s hard to know what the future holds, both short term and long term. But the same way that individuals who have been paying attention hold Bitcoin today, we should expect institutions to want the hedge as well. 

 Institutions aren’t taking it seriously.

Nor will they.

Maybe in LatAm first. 

 Satoshis wallet is supposedly dead.

The rest, until you get to the bottom are custodial accounts.

Then, you have the Winkle bros.

You trust those POSs to do the right thing? 😆 https://image.nostr.build/29d3e21b77520a091f861ccba896bdcd67828e71f967bcbbd2457fd700a0a0cd.jpg