Simply Bitcoin Paper Bitcoin Price Scam EXPOSED | Why BTC Isn’t $1M Yet! | Simply Originals
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Jul 25, 2025 Institutions are pouring billions into Bitcoin, yet its price remains stagnant. The podcast reveals the troubling truth about 'paper Bitcoin,' where investors might be holding IOUs instead of real assets. It emphasizes the importance of self-custody to regain control. There's a shift towards cold storage to combat market manipulation. With a bullish outlook for Bitcoin’s future, the discussion encourages listeners to stay optimistic while taking charge of their investments and highlights an upcoming Bitcoin mining conference.
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ETFs and Rehypothecation Risk
- ETFs are prohibited from rehypothecating Bitcoin directly, but their ETF units are rehypothecated multiple times.
- Custodians might not hold fully backed Bitcoin, exposing holders to counterparty credit risk.
Paper Bitcoin Scam Revealed
- Paper Bitcoin is a major hidden scam suppressing Bitcoin's true price.
- It involves fake Bitcoin claims backed by nothing, flooding the market and distorting real demand.
Self-Custody to Avoid Scam
- Withdraw your Bitcoin and verify self-custody to avoid risks of paper Bitcoin.
- Don't trust exchanges; own the Bitcoin in your own wallet.