Bridged BTC (NEAR Intents) (BTC)

bitcoin maxis are learning the hard way the importance of self-custody

@Strike has @BitmundFreud's money locked due to AML requirements (he needs to declare the source and provide source information to release the sats)

we have been warning for years about Lightning and the risks of shared custody (or delegated custody) of funds that is inherent to the LN

many of these maxis have either ignored it or told us we "didn't understand bitcoin" if we were criticizing lightning

knowledge eventually charges its price, tho

some people will only learn when they lose money

however, the big problem with these BTC/LN influencers is that they will likely cause many others to lose money while they LARP about freedom and ownership and post but never really use the products they are shilling often enough

ChatGPT fact checking my breaking news:

Yes, with an important clarification.

The image is referring to a real legislative proposal, but it is easy to misinterpret.

What is true:

In late 2025, French politician Éric Ciotti and his party (UDR) introduced a bill proposing that France gradually accumulate up to 2% of Bitcoin’s total supply (about 420,000 BTC) over 7–8 years. The proposal included buying Bitcoin, retaining seized BTC, and even mining Bitcoin using excess nuclear and hydroelectric power.
The proposal does indeed mention a target of roughly 2% of Bitcoin’s maximum supply (21 million BTC).

What the image leaves out:

This is only a proposed bill, not French government policy.
It was introduced by a relatively small political party that does not have enough seats in the National Assembly to pass legislation on its own.
There is no guarantee the bill will become law, and many analysts considered its chances of passing to be relatively low without broader political support.

If it ever happe