Paper gold worked for decades because no one could verify the vault.
Gold stayed under its 1980 ATH for 28 years due to paper claims flooding supply. But when FTX tried the same game with $BTC, the market sniffed it out immediately and the whole thing imploded.
You can't fake bitcoin like you can fake gold bars. Transparency kills fraud faster than any regulator ever could.
This is why self-custody matters. Not your keys, not your coins.
Gold stayed under its 1980 ATH for 28 years due to paper claims flooding supply. But when FTX tried the same game with $BTC, the market sniffed it out immediately and the whole thing imploded.
You can't fake bitcoin like you can fake gold bars. Transparency kills fraud faster than any regulator ever could.
This is why self-custody matters. Not your keys, not your coins.