CEO of Trezor thinks only 2% of BTC is self custodied. Even if he’s off by a factor of 10, it’s still extremely bullish for any of you maniacs who are reading this.
Discussion
Dang. How is that bullish?
Rugs will continue until self custody improves. So those who are rugged will have to rebuy, NGU.
If it's not self-custody controlled it's either lost and inaccessible, or you are subject to the custodian's rules, profits, and failures, of all manner.
Your money should be your money only, under your exclusive control. Anything else and you simply don't control it's behavior, ever.
2% is crazy I figured most btc was held in self custody
I misheard it. 2% of *Bitcoiners* self custody. Hard to say what that means for % of supply. Still shockingly low.
Yea crazy low, but thinking about my fiat job I'm the only one here that self custodies all my coworkers that "have btc" have it on coinbase or some other exchange, they still don't get it lol