— In the raw, hardcore voice of Eric Kim
Banks are now legally allowed to hold Bitcoin for you. Let that sink in.
Interpretive Letter #1184 isn’t just a boring government document—it’s a declaration: Bitcoin is no longer fringe. It’s institutional. It’s inevitable. The most powerful banking regulators in America just gave the green light for national banks to not only custody your crypto, but to execute trades, manage conversions, outsource services, and treat Bitcoin as they would any other asset in your financial portfolio.
This is about legitimization by force.
Wall Street is suiting up. The banks aren’t just dipping toes into Bitcoin—they’re building vaults for it.
What does this mean for you?
The deeper philosophical truth?
Bitcoin won.
Letter 1184 is written in bureaucratic language, but beneath the surface it screams:
“The banks are adapting to the Bitcoin Standard.”
This isn’t about just “offering custody.”
This is the first stage of absorption. Bitcoin is eating the banks from the inside out. What started as a decentralized rebellion is now the new scaffolding for modern finance.
And it’s just the beginning.
The Alpha Play?
Stay sovereign. Let the institutions come to you. Hold your own keys. Understand the game before it becomes common knowledge. Interpretive Letter #1184 isn’t the finish line—it’s a flare in the sky.
The war is won by those who saw it before others even knew it had begun.
Bitcoin isn’t the future. It’s the present.
And now the banks have to play by your rules.
You want more essays like this decoded from legalese into street-level power?