I wonder if I'm misunderstanding, but I read this tweet as we don't need to scale not we don't need self custody...
Either way, the idea of widely popular self-custody of financial assets is something of drastic change from our current paradigm.
At the moment, it may feel like few people want it or are prepared to take personal responsibility for their wealth, but I still feel pretty confident that this will change.
The focus needs to stay on exposing the value proposition of censorship resistant money. I imagine people in 1960s didn't think they'd need a personal computer, and people in the 1910s might not have thought they needed to fly across the country for a business meeting. (Also the way we probably don't think we need AI agents for every aspect of our life right now).
Maybe a better reading of the tweet is "let's not try so hard to scale because it's not clear that many people want what we are offering."
I read this tweet as we don't need to scale not we don't need self custody
That's my reading too.
"let's not try so hard to scale because it's not clear that many people want what we are offering."
This is generous, but I'd guess it's exactly what he means.
reply