Institutionalization of Bitcoin is the death of the sovereign individual
All transactions will be monitored, wallet relationships will be mapped and if institutions hold custody on a large % of supply, that becomes censorable as they must abide by rules set forth from regulators https://twitter.com/cameron/status/1334176654730686467
All transactions will be monitored, wallet relationships will be mapped and if institutions hold custody on a large % of supply, that becomes censorable as they must abide by rules set forth from regulators https://twitter.com/cameron/status/1334176654730686467
The need for privacy layers has never been greater than now.
Of course, self-custody is a solution at face value, but when you see government's trying to make that more difficult and mandating KYC for exchanges / service providers before providing services to self-custody solutions, it becomes evident that self-custody isn't an escape.