prime trust?

I find it kind of amazing that anyone is still leaving their funds on exchanges at this point. With the dozen or so blowups in the past year you'd think people would be too nervous to hold funds with even the most reputable custodians.

Regarding the major custodian, I'd bet on CryptoDotCom. They've engaged heavily in marketing yield products and every shitcoin under the sun, including their own exchange token.

This will be interesting, and I have skin in the game. I was not able to remove the thankfully small amount of bitcoin I had in my Swan account. I tried last week, but the transaction failed. Monday they told me to consent to transfer my account to Fortress. I did, and again tried a withdrawal, but couldn't do it because the account was still "migrating. " We'll see.

Of course, but once we all do this, how do you imagine a world without CEX? Which kind of platform do you imagine for P2P for Bitcoin and how is the price determined?

One example for P2P transactions is what Chia Network did with Offers. You create an offer (1 Chia for 100 USDC) and post it on the official site. One can download the file of that offer insert it in their node and do the transaction if they believe it is worth it. I am not saying that this is the best method and real time spot sale, but its a pure P2P.

Thanks! Went through my old exchange accounts that I haven't touched in years. Found a small but not insignificant sum and withdrew it.

Don't know why people still keep Bitcoin on exchanges when you have many non-custodial, open source options

Unless you intend to quickly sell it, don't risk it :)

Here's the thread