Replying to RexNostr

But institutions wont take bitcoin serious anymore. They can say "Look, jt's still fragile, they can still do bullshit with it, so don't let go all in, who knows what happens in the future to that software"
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ShiShi21m 2y ago

Bitcoin is built in a way that is difficult for institutions to adopt.

Bearer assets are a liability for shareholders vis-a-vie corporate officers who have private key access.

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HODL 2y ago

There are methodologies to address this limitation. Build it and they will come.

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ShiShi21m 2y ago

If the shareholders control the business, especially if revenue is international, then the incentives are super strong.

So maybe the methods are fine, but finding an understanding of bitcoin to then apply that knowledge to one's benefit - that might take ppl some time still.

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HODL 2y ago

It’ll start as a treasury asset, we’re still many years from unit of account.

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ShiShi21m 2y ago

For tax haven purposes prob.