Subnostr

Unless they have a dept of Bitcoin custody in El Salvador, I'm sure he'd actually be advised AGAINST self custodying the nations BTC.

That's unwise liability and puts him at even greater risk 🔧.

Almost until the moment it imploded, FTX seemed rock solid. I didn't hear about him with Casa or anything, seems plausible.

Lebanese Hodl 2y ago

You think Max and Stacy would let him keep the coins on an exchange? They must have some kind of multi-sig setup… surely. Although who the hell knows 😝

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Discussion

Colin Sullivan 2y ago

I'd hope not, but it's complicated holding your country's coins as a world leader. It's like having the treasury dept under your mattress.

Lebanese Hodl 2y ago

I wish they’d write the playbook on nation state self-custody. It’s actually a really interesting thought experiment. What happens when the administration passes the power on… does another vault get created? So many things to consider.

TKay 2y ago

Same protocol for Nuclear codes maybe?

Same power for sure. Lol

Lebanese Hodl 2y ago

I was thinking that too lol ☢️