Great look how after 10 years Coinbase can barely manage to keep their exchange online yet they are custodying 10+bn of ETF coins. I mean what could go wrong
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So who owns bitcoin now?
Yeah coinage as the single point of failure for all but one of the etfs plus most people's goto exchange is terrifying.
A bunch of 85 toxic psychopaths like us. Everyone else owns IOU’s
I think swaproot is on the right track to self custody for users that can't run a full node, and then #cashu for receiving small payments while the user is offline. For everything else, pick a full node solution. Obvously a hard wallet for larger amounts. People are running out of excuses to not self custody.
ACINQ | Swaproot: cheaper and more private on-chain deposits on Phoenix
ACINQ is a Bitcoin technology company with a focus on the Lightning Network.