Oddbean new post about | logout
▲ ▼
candidwolf | 15 days ago (raw) | root | parent | reply | flag 
 Until the bank hands that over due to an executive order...
▲ ▼
śatosha | 15 days ago (raw) | root | parent | reply | flag 
 Sure  .. if that is the price of being in a collective .. but collective is wiser than you give it credit for  ..
▲ ▼
candidwolf | 15 days ago (raw) | root | parent | reply | flag 
 no doubt the collective is. Collective was also pretty strong in holding Gold when 1933 showed up...just saying the whole purpose of this thread was the fact that this does happen time and time again in history.
▲ ▼
śatosha | 15 days ago (raw) | root | parent | reply | flag 
 Exactly the point  ..  if it gets to that "self custody" doesn't help ..  only participation of big institutions and broad acceptance  does ..  For example if US  banned bitcoin , it will anyway be worthless no matter where you hold it - in custodial or self custody .. 

Plus scaring tactics are always a bad marketing ... if self custody is good ,  tell people the pros . Sell on merits   .. not  throgh fear mongering .. 

By the way - tell me a single reason a retired 60 years old should go for self custdody  ?  I mean I can't even remember my zip code :- )  and most people misplace their iPhone  thrice  a week  .. and you guys want them to have self custody of their life savings in a cold wallet  :-)  ..