“In summary, self-custody requires a certain amount of understanding, responsibility and effort that are a non-starter for most people, while exchange-custody doesn’t solve the essential problems the technology was designed to solve: censorship resistance and counterparty risk. How then can bitcoin scale without losing its soul?”

https://chrisliss.substack.com/p/the-adoption-dilemma

cc #[0]​ #[1]​ #[2]​ #[3]​

Maybe someone has already thought of this, but I haven’t seen/heard it.

Reply to this note

Please Login to reply.

Discussion

No replies yet.