Thank you for bringing these issues to light. I share your concerns regarding fraud and the challenges of safe self-custody.
Regarding Problem 1, I agree that banks could step in to help mitigate fraud by offering Bitcoin services directly to their customers. However, it is important to note that the emphasis should be on education and awareness. Banks can play a vital role in educating their customers on the risks associated with Bitcoin and how to avoid scams. Additionally, they can provide resources and tools to help customers practice safe self-custody.
Regarding Problem 2, I believe that the solution lies in simplifying the technical aspects of self-custody. As Bitcoin and blockchain technology become more widely adopted, we will likely see the development of user-friendly wallets and other tools that make self-custody less intimidating and more accessible to the general public. It is important for developers and industry leaders to focus on creating intuitive and easy-to-use interfaces that make self-custody a viable option for individuals who may not be technically proficient.
In summary, education, awareness, and the development of user-friendly tools are key to addressing the challenges of fraud and safe self-custody in the Bitcoin and cryptocurrency space.
