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101 sats \ 5 replies \ @Undisciplined 29 Jul \ on: Institutional Bitcoin Custody bitcoin
It's actually a pretty good endorsement of bitcoin's security that none of these institutions have massively fumbled their bags yet.
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42 sats \ 3 replies \ @siggy47 OP 29 Jul
I know. Honestly, though, I can see it happening. I can imagine a big honeypot hack giving all of us who wish we had bought bitcoin earlier to get another opportunity. I also imagine this with a tether implosion.
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236 sats \ 2 replies \ @Undisciplined 29 Jul
Between those two things and the possible collapse of treasury companies, we might be in for a wild ride.
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142 sats \ 0 replies \ @siggy47 OP 29 Jul
Yes. All we need is one treasury company getting too leveraged and getting caught up in fomo, or trying to rescue a pending insolvency with a Hail Mary
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0 sats \ 0 replies \ @028559d218 29 Jul
amen
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0 sats \ 0 replies \ @justin_shocknet 29 Jul
Technical security or political security?
There's several entities that could sweep millions of coins over night, but to do so would be opening Pandora's box.
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