Bit 🐳 Ish on Nostr: I logically agree with you when you say if it locks bitcoin up, regardless of ...
I logically agree with you when you say if it locks bitcoin up, regardless of custodian, then it's [representing] real bitcoin. That's assuming it's actually truly locking up bitcoin. Big big BIG (and dangerous) assumption though.
But even suspending disbelief and trusting that it is... it's a bit like a blood diamond. Yeah it's a diamond but what did it take to produce?
And worse yet what is it being used for? To scam more fools.
Perpetrated by the first family no less.
Published at
2025-01-21 19:23:18Event JSON
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"content": "I logically agree with you when you say if it locks bitcoin up, regardless of custodian, then it's [representing] real bitcoin. That's assuming it's actually truly locking up bitcoin. Big big BIG (and dangerous) assumption though. \n\nBut even suspending disbelief and trusting that it is... it's a bit like a blood diamond. Yeah it's a diamond but what did it take to produce?\n\nAnd worse yet what is it being used for? To scam more fools. \n\nPerpetrated by the first family no less.",
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