Building your own infrastructure is a sign of low time preference.
Building on top of others’ infrastructure leaves you susceptible to those that want to “change the code”.
What is the plan nostr:npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536l ?
“Your own infrastructure” has to be extremely robust. Huge security budget, audited infrastructure, soc1/soc2, and yes state oversight. We have customers who require qualified custodianship.
most who have “built their own” do not have what it takes to secure the type of volume we do. I hope they get there. Team bitcoin will be stronger with lots of robust options. We wrote up the nuances of what it takes here https://www.swanbitcoin.com/assessing-risk-in-bitcoin-custody/
But look out for some info real soon. There’s always been a plan. We do not share plans until they are fully baked :)
I will look forward to your plan, because saying “it’s hard” doesn’t cut it.
Team Bitcoin. 🤙🏻
