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I wonder how custodian blow ups affect the market for hardware wallets, and solutions like casa and unchained, probably gives them a good little spike I guess for every exchange that fails we see another cohort take some sats off the table
At least that was the experience for me, i got rekt on an exchange and I immediately went to self custody after that and haven't looked back since lol sometimes you gotta pay the price to see the value of holidng your own keys
You already take custody risk with all your other assets so why do it with Bitcoin?