Bitcoin is on the verge of a new era we have never seen or experienced before, with 95.10% BTC mined, which makes this time the moment we have to prioritize self-custodial, privacy, and safety more.
Sadly, the rate of BTC ETF investors are increasing.
Ignore the investment in the BTC ETF because Bitcoin was created to be fully p2p decentralized crypto with no trust in a third party, get a secure open-source hardware wallet, or hd airgap wallet.
The dream of everybody who understands the potential and benefits of Bitcoin is to hold at least 1BTC out of the total 21 million coins, but for someone its a lost dream. Nevertheless, holding 0.1BTC is still a good thing.
Nevertheless, if you have the privilege and opportunities to hold at least 1 or more BTC in this current market, it normal for excitement to kicks in due to the future benefits of it, and this is happened this is when a Bitcoiner needs to be very careful of the company s/he keep, prioritize privacy more, and be careful about the information s/he share, especially online.
This reminds me of the story of what happened to Kaitlyn Siragusa, aka Amouranth, who's a streamer and OnlyFans content creator. She holds 211 BTC, which is worth $20 Million at the time of the incident last year, and reveals her crypto portfolio online.
Afterwards, her Houston apartment was invaded by an armed robber. She was pistol-whipped and forced to give up her wallet, but she was able to tweet for help, and luckily, her husband was armed. He fired shots, and the attackers fled. Although 4 suspects were later arrested, if her husband is not available, there's a chance that she will be killed.
Used this incident as an example, and as a reminder, because in the future, when the eyes of some people, organizations opened to the benefit of BTC alot of BTC holder maybe the next target, and there's no guarantee that the workers of the firm you bought their BTC ETF from who know your ETF worth wont be after your life or family in the future.
Self-custody is a must. Especially with the increasing number of hacks and/or theft. You can obtain all of the benefits of Bitcoin if you practice self-custody and privacy. What use would it be to have a non-custodial wallet that you would ultimately transfer funds into a centralized exchange? Self-custody without privacy, greatly defeats the whole purpose of Bitcoin.
I understand it's getting harder to achieve privacy these days with the increasing number of government regulations. But "where there's a will, there's a way". I hope institutional investment firms and governments don't end up buying most (if not all) of the circulating supply. Otherwise, we won't be able to hold the BTC ourselves (self-custody). The future is unpredictable, so anything's possible.
