Read_779 - A Network of Keys

"Clients applying this reasoning should remember that, in bitcoin, no one is too big to fail. There is no government or money printer capable of restoring lost coins, so there are no bailouts. Trusting a single company, no matter their qualifications, to protect your bitcoin creates significant counterparty risk." ~ Dhruv Bansal We come at you with another read today, this one on the maturation and new developments in the collaborative custody industry. Today we are used to thinking of Bitcoin security as either left with a custodian, or kept in personal cold storage, while I think the future will look back on this as the immature beginnings of one of the most vibrant markets in bitcoin finance. Most of the world will exist in the middle, with shared and distributed custody providers, eliminating single points of failure in markets across the globe… and it all begins, with a network of keys… Check out the original article at Bitcoin needs a network of keys. (Link: https://tinyurl.com/yahv5k3r) Guest Links Dhruv Bansal on X (Link: https://twitter.com/dhruvbansal) Host Links Guy on X (Link: https://twitter.com/theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/fold⁠) Check out the KYC Free, simple, no management, Bitcoin merchant solution - ⁠⁠⁠⁠⁠Nodeless.io⁠⁠⁠⁠⁠⁠. Use my link to go to nodeless.io/guy⁠⁠⁠⁠⁠ and setup your donation page for free, then share it out on nostr/Twitter and tag me, and I'll throw 10,000 sats your way! “Physics is like sex: sure, it may give some practical results, but that’s not why we do it.” ~ Richard P. Feynman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message