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125 sats \ 1 reply \ @dingding541 24 Jan \ on: SEC Revokes Banking Rule That Blocked Wall Street Banks From Adopting BTC Politics_And_Law
We better figure out scalable self-custody before governments and banks get too involved. if you do nothing, you will someday find yourself in a world where moving a UTXO costs a lot of fucking money @goatmeal on Nostr
I agree but governments are already involved and companies like Blackrock and MicroStrategy are already buying heaps. Self-custody is the best path forward but normal regular people are much more likely to buy, trade, and use BTC for purchases if it is as simple as the existing methods of debit and credit cards are. I am not sure merchants and others are ready yet for that so the banks role is essentially insulated.
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