11 sats \ 5 replies \ @Scoresby OP 26 Mar \ parent \ on: Is custodial bitcoin really worth anything? bitcoin
But do you think any of the things that bitcoin is good at are available to someone who owns custodial bitcoin?
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17 sats \ 4 replies \ @Coinsreporter 26 Mar
If they are holding it on a CEx, it would be worth of a few of them. But holding them as ETFs or ETNs don't worth any of the inherent values of Bitcoin at all.
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0 sats \ 3 replies \ @Scoresby OP 26 Mar
Why do you feel bitcoin at an exchange retains some of bitcoin's value props? Also which ones?
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34 sats \ 2 replies \ @Coinsreporter 26 Mar
Borderlessness Digitally native money No inflation
I think for these. But, yeah I don't believe that anyo e must be hodling there. CEXs are for trading only.
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11 sats \ 1 reply \ @Scoresby OP 26 Mar
Digitally native is a good point.
The other two: I am not so sure about.
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34 sats \ 0 replies \ @Coinsreporter 26 Mar
I must admit, I'm not well versed to answer this but for the sake of trying, here's my reply-
Borderlessness because, we can send or recieve payments there as well.
No inflation because the value is written same on custodial or non custodial wallet.
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