Schlaus Kwab on Nostr: Degenerate keeps his #Bitcoin on an exchange thinking he can "time the market" for ...

Degenerate keeps his #Bitcoin on an exchange thinking he can "time the market" for another cycle and win bigly. During a fat rally a massive financial crisis hits and capital controls are enacted. His shithole restricts withdrawals to "unhosted wallets" to "ensure financial stability" and "curb money laundering and illicit activities". How now holds IOUs and is subjected to taxes on unrealized gains. The border agent refuses to take anything other than #Bitcoin when he tries to leave the country to avoid the draft. He dies of hypothermia in a trench god knows where.

Many such cases. Sad.