Swan either didn't know about PT/Fortress CEO's history or just didn't care.
Not great either way.
If they want to retain any relevance, they need to disassociate with Fortress immediately.
They really should be building out their own custodian infrastructure like their competitors.
The CEO's already wiped his Prime Trust role from his LinkedIn profile:
https://i.imgur.com/c2xKoUx.png
https://pbs.twimg.com/media/FzphLj4WIBAni6U?format=png&name=900x900
Shoutout to Magoo for this timeline
He/Him
lol
Bad/Custodian
swan AND strike need to be non custodial
strike is their own custodian now. swan kept going with this scammer
point is strike should not be holding anyone's funds for any duration. it should be forced self custody exchange only like bull bitcoin
The free and open market will determine what’s best.
“Forced”? - ok socialist.
Cory claims that they have to use Fortress since it's the only qualified custodian option available.
https://i.imgur.com/hoFmIRZ.png
Do you agree with his claim that brokers need to move to multisig?
Cory is full of sht and probably in on it
No third parties means I'm way more comfortable doing KYC business with River, Cashapp, and Strike who all now are their own custodians
Maybe I am dumb, but is it really that hard to set a Linux machine with Bitcoin core and multisig? What’s complicated about having your own infrastructure?
What is the blocker?
What do you guys recommend for DCA? Swan has been fine for me until the recent downtime.
Strike River and Cashapp are all good options, they hold BTC in house
Cash app can DCA? I had played around with their lightning implementation a bit.
Not your keys, not your coin.
Get your bitcoin off all custodial services.