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0 sats \ 2 replies \ @kepford 22 Jul \ parent \ on: OnRamp guy says self-custody is the reason mass adoption hasn't happened bitcoin
I think what we need is patience. In a generation or two self-custody may become more likely. From what I see... people my age and older are not gonna do it on mass. It has implications for sure. I'm not sure I'm ready to change bitcoin because of this tough. I think we need patience.
Its not that people CAN'T self custody. Its laziness. I don't see how you can expect people that refuse to manage passwords securely to self-custody.
I wasn't suggesting we attempt any change to bitcoin, rather that we should check our assumptions: if censorship resistance is built on the idea that bitcoiners will run nodes that enforce the rules, those bitcoiners need to have the keys to some bitcoin in order to make that real.
Sure, the ETF holders can raise a stink, but how would they even know what rules Blackrock is running on whatever node verifies the bitcoin it buys?