⌜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 💭
quoting note1ex8…qvu8How 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?