Simply Bitcoin Is Wall Street Trying to CAPTURE Bitcoin? | Simply SatoSHE
Nov 4, 2025
Wall Street's evolving strategies to control Bitcoin are under scrutiny. The dangers of ETFs and custodial products are discussed, highlighting risks like fractional reserve banking and the shift from physical to paper claims. Conversations reveal how institutional custody can jeopardize sovereignty. The potential of tokenizing natural assets raises further concerns about centralized control. Emphasis is placed on the importance of self-custody and the principle that exposure is not ownership, urging listeners to safeguard their Bitcoin.
AI Snips
Chapters
Transcript
Episode notes
Paper Promises Return To Hard Money
- Wall Street is recreating paper claims over scarce assets by wrapping Bitcoin into tradable IOUs.
- That risks shifting control from sovereign holders to institutions and diluting Bitcoin's core property of ownership.
Gold's History Mirrors Bitcoin's Risk
- Banks turned gold into certificates and rehypothecated it, which led people to stop holding metal.
- Internet Sophie warns the same rehypothecation cycle is emerging for Bitcoin under custodial products.
Verify Custody Before You Trust Institutions
- Do hold Bitcoin on-chain and self-custody if you want to avoid counterparty credit risk from custodians.
- Check corporate filings to confirm treasury firms commit not to rehypothecate assets before trusting them.