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Brady
e41e883f1ef62485a074c1a1fa1d0a092a5d678ad49bedc2f955ab5e305ba94e
cofounder swan bitcoin . pleb . family man . citizen bitcoin

I know what boobs are. Nak and jq must be pretty awesome.

The numbers are real. We’re holding details for strategic reasons until after the next equity round is done, ~April.

And by the way, there’s no inside information about Swan he could know that I don’t. There is nothing. 64% of sats purchased at Swan every month are withdrawn. We encourage and support self-custody as much as possible. Every other sat is in a legally segregated trust account in the client’s name and, by definition, 100% reserve. Only bitcoin, of course. There is no logical reason to compare us to Binance. šŸ¤”

Fortress Trust for legal custody and BitGo for physical custody.

We’re working to increase redundancy, including building out our own compliance and settlement.

It’s unprecedented to have funds in legally segregated trust accounts clawed back. That’s the whole point of a trust company. It segregates business operations from client funds.

I have a lot of respect for the work you do because you try to give objective takes. What is your objective reasoning for comparing Swan to Binance in this way? I think we deserve to hear it.

This is quite the insinuation. What would lead you to such a drastic conclusion about us?

What’s your current favorite Bitcoin wallet to connect to your own bitcoin/lightning node for everyday payments? Why?

Threw some stones with #[0]​ #[1]​ and #[2]

Replying to Avatar GregZaj

UBI could be a more fair transition to a Bitcoin standard. The cantillionaires have been sucking on the tit of the fiat money pyramid for a hundred years. Why not throw the plebs a bone in the dying days of the dollar?

My son made this sticker for my dresser 🧔

You should follow #[0] while I’m still having some fun with the handle :)