SimplestBitcoinBook on Nostr: Regardless of what you think of banks, since they will now be allowed to custody ...

Regardless of what you think of banks, since they will now be allowed to custody bitcoin this article is hugely important (for your grandmas and everyone else who doesn’t have the time to dive both feet in to the endless rabbit hole).
Thanks preston (npub1s5y…6q7z)

quoting note10gn…eu0f

An article I wrote on why Bitcoin rehypothecation should be illegal for TBTF banks now that SAB 121 was rescinded. And yes, I know, Bitcoin doesn't need laws. But I also know that all your grandmas will probably have exposure to Bitcoin through an ETF. So this is for all your grandmas.

https://egodeath.capital/blog/too-big-to-fail-banks-amp-bitcoin-custody