True story: Someone dear to me has been sending Bitcoin to their bank for a the past few months.

Turns out all their transactions have been pending throughout that duration.

They wrote an email complaint looking to rectify and will have to wait until Monday to anticipate a response.

Now they are considering self custoding their stack.

*Real world lessons has entered the chat*

Reply to this note

Please Login to reply.

Discussion

Wow

Yup. The sheer panic on their face once they realized.. I kept telling them to verify their purchases... It will work out for them but now they realize why 8 have been talking about self custody with them this whole time.

Lol what bank is doing bitcoin custody?

There are plenty of banks where you can buy and store Bitcoin, or even buy elsewhere and they will custody it for you.

Hyperbitcoinization is here.

Which banks?

👀

🫩