The Bitcoin Way Podcast The Bitcoin KILL Switch You Didn’t Know About!| Bitcoin Banter
Oct 29, 2025
Hosts discuss a hidden 'kill switch' within Bitcoin ETFs, highlighting custody risks. France's proposal for a Bitcoin strategic reserve raises skepticism among the hosts, who also debate Bitcoin versus tokenized gold. The Trump family's significant Bitcoin holdings spark conversations on market signals. News of Amazon's job cuts is linked to the rise of AI. A recent U.S. credit downgrade hints at potential fiat instability, while Zelle's introduction of stablecoins for international payments raises concerns about surveillance.
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ETF 'Kill Switch' Risks
- ETFs can include a 'silent kill switch' allowing issuers to choose which Bitcoin chain they follow after a fork.
- That gives custodial ETF providers power to orphan upgrades and control which Bitcoin version investors hold.
Take Self-Custody And Run A Node
- Do take full self-custody of your Bitcoin and run your own node to avoid third-party control.
- Learn the necessary steps and avoid relying solely on ETFs or custodians for long-term wealth preservation.
Node Choice Shapes Bitcoin's Rules
- Large ETF holders influence network norms via the software they run and node choices.
- Running your own node preserves your preferred rules against majority custodial influence.