Rad Von Bitcoiner's avatar
Rad Von Bitcoiner bitcoinradiologist@nostrplebs.com 2 years ago
River is a 3rd party too bro. Anyone holding my bitcoin other than me is. It's a false comparison. And I would say no one is as good as Swan at education and promoting user taking custody. We're all at risk for the short intervals our bitcoin is with a 3rd party, whether it's Fortress or River.
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yan's avatar
yan yan@www.swanbitcoin.com 2 years ago
Exactly right. If you trust someone you trust someone. By the way our clients sign terms of service agreement directly with a qualified trust company. For them it is a first party agreement, not a third party agreement. So you either trust a bitcoin startup that they’ve done all the right things, or you trust a qualified custodian, which has much more proof of work (soc2, billions in custody, track record, legal framework for segregation of client funds, etc).
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