#[1] removing counter party risk. 👀🫡
Strike has recently announced it will soon provide "direct bitcoin custody services" to its customers. 
Discussion
Nice, since it’s state by state, it won’t happen to everyone at the same time. Just a PSA for the folks reading this🤙🏻🧡
must be under pressure !! backend arm twisting
While moving it in house is better than 3rd party, doesn’t any custody service have counterparty risk? Only self custody involves no other party.
Strike and a feature that allows instant transfer to your self custody wallet.
What I mean is they are not beholden to Prime Trust state licensing and etc.
While Strike is removing PT counterparty risk, the customer has their own.
Strike is protecting their own neck.
Ok, maybe I misunderstood. Removing Stike’s counterparty risk does make sense
I'm looking more forward to when they announce the debit card... ₿