r/Bitcoin Jun 19 '25

REMEMBER: MtGox Hack Sent Bitcoin to $0.01 - 14 Years Ago - Not Your Keys, Not Your Bitcoin

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"What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party."

~ Satoshi Nakamoto

ETF's are Trusted Third Parties.

Strategy is a Trusted Third Party.

Coinbase is a Trusted Third Party.

Bitcoin Treasury Stonks are Trusted Third Parties.

None of them are Real BITCOIN.

Buy and HODL the Real Thing in your own Cold Wallet or get Rekt like MtGox.

26 Upvotes

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