pull down to refresh

77 sats \ 4 replies \ @0xbitcoiner 22 Jul \ parent \ on: OnRamp guy says self-custody is the reason mass adoption hasn't happened bitcoin
Bitcoin's also for folks who don't wanna be their own bank. Everyone just does what they think is best for them. Being sovereign comes with a lot of responsibility, and a lot of people just ain't about that life.
write
preview
21 sats \ 0 replies \ @kepford 16h
Indeed. The gold standards effects are not well understood by many bitcoiners.
reply
21 sats \ 0 replies \ @PictureRoom 20h
Just ask people "do you love the government? Do you like having them control your money" There will be a common consensus then.
reply
30 sats \ 1 reply \ @Scoresby OP 22 Jul
Is there a threshold number of self-custody bitcoiners below which the system breaks down? Like, if absolutely no individuals hold their own keys, who would prevent some industry group from advocating for protocol changes none of us like?
reply
0 sats \ 0 replies \ @0xbitcoiner 22 Jul
I can't put a number on it. I've heard about this with the BlackRock ETF, though.
reply