Bitcoinmaxi on Nostr: with the repeal of SAB 121, I think this will soon be a non issue. banks can now ...
with the repeal of SAB 121, I think this will soon be a non issue. banks can now custody digital assets profitably so I think this will soon become commonplace and there will be many different highly regulated and generally trusted institutions, that will offer custody and lending services like JP Morgan and Goldman Sachs. not saying this removes counterparty risk by anymeans, and self custody is the way, but this will definitely mitigate the honeypot issue
Published at
2025-02-08 03:36:15Event JSON
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"content": "with the repeal of SAB 121, I think this will soon be a non issue. banks can now custody digital assets profitably so I think this will soon become commonplace and there will be many different highly regulated and generally trusted institutions, that will offer custody and lending services like JP Morgan and Goldman Sachs. not saying this removes counterparty risk by anymeans, and self custody is the way, but this will definitely mitigate the honeypot issue ",
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