ODELL

Bitcoin held in self custody is unique in its lack of counterparty risk, as global market chaos unwinds this will become much more obvious.

Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise. There is no singular 'Lightning Network' but rather many payment channels between distinct peers, some connected with each other and some not.

There is no such thing as KYC or No KYC bitcoin, there are bitcoiners on lists and those that are not on lists.

When bitcoin blocks are full, highest fee transactions are confirmed first.

Current Fedimint development is focused on easy to use consumer wallets that could replace usage of major custodial wallet providers such as Binance and Wallet of Satoshi, but what if the same tech was used to replace major custodial mining pools such as Foundry and AntPool.

Proof of Stake coins are pyramid schemes.

No privacy? No freedom. No freedom? No wealth.

The absolute scarcity of bitcoin combined with the fractional reserve games played by major banks, exchanges, and 'stablecoins,' in a macro environment primed for major currency inflation, means every person on this planet is unintentionally short bitcoin.

This is a story of fiat incentives, shitcoin games, regulatory corruption, and counterparty risk that ended in inevitable disaster.