btcschellingpt on Nostr: Ownership v Exposure There’s a lesson currently being dished out in the precious ...
Ownership v Exposure
There’s a lesson currently being dished out in the precious metals markets to those who have conflated ‘exposure’ to an asset, with ‘ownership’ of the asset
Gigantic wads of paper are being called for physical delivery .. and there isn’t enough physical to cover .. serious and overdue pain is arriving shortly ..
The teachable moment for Bitcoiners is to *know* this difference and never conflate the two
Not your keys, not your coins
Published at
2026-01-26 08:54:31 UTCEvent JSON
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"content": "Ownership v Exposure\n\nThere’s a lesson currently being dished out in the precious metals markets to those who have conflated ‘exposure’ to an asset, with ‘ownership’ of the asset\n\nGigantic wads of paper are being called for physical delivery .. and there isn’t enough physical to cover .. serious and overdue pain is arriving shortly ..\n\nThe teachable moment for Bitcoiners is to *know* this difference and never conflate the two\n\nNot your keys, not your coins",
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