BTC is the financial equivalent of the trans hooker joke. B…

BTC is the financial equivalent of the trans hooker joke.
Both go down on you and neither are what they seem.
People get very upset when you point out that neither is what was advertised.
One promises liberation from banks and ends up depending on ETFs, custodians, regulators, corporate treasuries, and billionaires.
The other promises one thing and delivers a surprise during settlement.
Both rely heavily on appearances.
Both become hostile when questions are asked.
Both involve discovering that what was on the label was not necessarily what was in the package.
And, unfortunately for their most enthusiastic supporters, both tend to go down.
And fail to deliver...
Written by S. Tominaga