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⌜Jan⌝
npub1ljs…y8mm
2024-07-29 18:08:01

⌜Jan⌝ on Nostr: Nation state custody issues…guess I’m not the only one thinking about this 💭 ...

Nation state custody issues…guess I’m not the only one thinking about this 💭
How will nation states deal with Bitcoin custody?

If it's just in a wallet the President controls, that seems like a risk to the country.

If it's the Treasury, then who at the Treasury has the keys?

If it’s multisig, who has the keys?

Will an institution like Coinbase act as a custodian? If so, who directs the custodian? The president? The president and someone else? Does congress have a roll?

In Bukele's case, what if he contested an election and refused to give up custody?
Author Public Key
npub1ljs59gafqrldw8vrr2s248pphwr2tyt6ncgcxevc27mgfuj6u88qzny8mm