skwp on Nostr: Exactly right. If you trust someone you trust someone. By the way our clients sign ...
Exactly right. If you trust someone you trust someone. By the way our clients sign terms of service agreement directly with a qualified trust company. For them it is a first party agreement, not a third party agreement. So you either trust a bitcoin startup that they’ve done all the right things, or you trust a qualified custodian, which has much more proof of work (soc2, billions in custody, track record, legal
framework for segregation of client funds, etc).
Published at
2023-08-22 18:35:49Event JSON
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"pubkey": "482754a056b1e7b51a2e6e9ef99634c1578f19082caf6a353d7db8c1a190233d",
"created_at": 1692729349,
"kind": 1,
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"content": "Exactly right. If you trust someone you trust someone. By the way our clients sign terms of service agreement directly with a qualified trust company. For them it is a first party agreement, not a third party agreement. So you either trust a bitcoin startup that they’ve done all the right things, or you trust a qualified custodian, which has much more proof of work (soc2, billions in custody, track record, legal\nframework for segregation of client funds, etc).",
"sig": "e9a318c2dc5fd2ae6abcf21968cd3f53c477cab385adad885f3a6fe73021dcb3a09f0ed542b72e8943f99b4dc9259724db317a743c03aaee344539f0c70ceacb"
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