River is a 3rd party too bro. Anyone holding my bitcoin other than me is. It's a false comparison. And I would say no one is as good as Swan at education and promoting user taking custody. We're all at risk for the short intervals our bitcoin is with a 3rd party, whether it's Fortress or River.
Discussion
you’re missing the point bud
Exactly right. If you trust someone you trust someone. By the way our clients sign terms of service agreement directly with a qualified trust company. For them it is a first party agreement, not a third party agreement. So you either trust a bitcoin startup that they’ve done all the right things, or you trust a qualified custodian, which has much more proof of work (soc2, billions in custody, track record, legal
framework for segregation of client funds, etc).