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112 sats \ 1 reply \ @standardcrypto 2 Oct \ parent \ on: Self-Custody Found Dead in Miami Condo - bluematt bitcoin
2 main solutions:
-- attack existing exchanges and custodians -- start exchanges and custody services with fake credentials and nice UI/Ux and exit scam users.
that will motivate self custody.
since many bad actors will continue to do this as long as we have big centralized exchanges and custodians, I have zero worries about the long term widespread and somewhat default adoption of self custody.
the only other thing is to keep it cheap enough to transact self sovereign, that is a technical and engineering issue but I think we are doing well enough there also.
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0 sats \ 0 replies \ @Scoresby OP 2 Oct
since many bad actors will continue to do this as long as we have big centralized exchanges and custodians, I have zero worries about the long term widespread and somewhat default adoption of self custody.
Bitcoin really is for enemies! This is a very interesting way of thinking about it. A Is the friction of Bitcoin's self custody UX a feedback loop that promotes...self custody?
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