Max Keiser starting to realize what everyone here has known since 2016:

https://i.imgur.com/rWcZuZA.png

That's right Max. The world is going to buy Bitcoin ETFs, and no, there isn't going to be a single BTC contained by the ETF. It will be a 100% fractional scheme.

Now do you understand self-custody and the cash use case, Max? The only BTC that can't be inflated are the ones in your self-custody wallet. That's M0 Bitcoin.

The more BTC contained by custodians, the more your BTC M1 supply will be inflated and / or manipulated.

This is why Bitcoin's original use case was cash for casual transactions and not "store of value." This is why we split. The point is to EXIT the existing custodial system, not to just create a different fiat money.

Sadly they don't teach economics or finance in computer science schools. None of the people building this crap understand why it's the literal undoing of the entire purpose of the project.