Bitcoin Adoption and Self Custody

Let’s be honest if Bitcoin is going to succeed it’s going to need to be controlled by institutions and Wall Street.

The recent cold card incident is a huge deal. Honestly the self custody ethos is dead. “Oh you gotta roll dice, oh you got to have multisig, oh the stars and moon wasn’t aligned when you wrote down your seed phrase.”

People with lots of money don’t have time to deal with that crap. I still think Bitcoin is going to be a good way to store value but I’d much rather Blackrock hold my Bitcoin while I sleep like a baby.