What for exactly? Self-custody is a very good thing of course but why would too much lack of it make price go to zero? Are you thinking this would dry up all liquidity? Something else?
DETERMINISTIC OPTIMISM ๐ŸŒž's avatar DETERMINISTIC OPTIMISM ๐ŸŒž
If not enough independent entities/individuals self custody #bitcoin, it goes to zero. Your ETF goes to zero. That's the game theory, bitcoin ownership must remain good part decentralized. Man up and do your part. It's easy.
View quoted note →

Replies (1)

I think the problem is that if #btc gets too centralized, they can arrange a 51% attack, which means that people will lose trust in #btc itself.
โ†‘