343PG on Nostr: If this happened tomorrow, then custodians would surely play a major role in various ...
If this happened tomorrow, then custodians would surely play a major role in various forms - be those retail banks, Bitcoin exchanges, cash app, Revolut, Apple, Visa etc etc.
This may not sound the ideal scenario, but remember with no lender of last resort for Bitcoin, there will be a lot of scrutiny on all of them in how they custody it, and huge levels of competition in all areas.
Published at
2024-01-29 19:52:21Event JSON
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"content": "If this happened tomorrow, then custodians would surely play a major role in various forms - be those retail banks, Bitcoin exchanges, cash app, Revolut, Apple, Visa etc etc.\n\nThis may not sound the ideal scenario, but remember with no lender of last resort for Bitcoin, there will be a lot of scrutiny on all of them in how they custody it, and huge levels of competition in all areas.",
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