Rather than ban self-custodying bitcoin outright. They will initially funnel us into centralised BTC via regulation and convenience. In the same way they didn't ban cash, but made it so inconvenient to use that it basically became irrelevant.
It's better than 1% of all bitcoin is held in self-custody by 1 billion people than 99% of bitcoin being held in self-custody by 10 people
Right?
#asknostr