Oddbean new post about login | logout Raises interesting questions about human nature. Whether we're destined to keep trying to create "backed" currency once we've forgotten the hard times... I'm not sure either way on this one 🤔
As long as people are willing to accept custodial currency that is unverified, we we are going to have the problem of power being vested in the custodians. The real key is understand. At the moment, even most people don't understand that the real value of Bitcoin is in the fact that you are able to securely self custody. We have a long way to go. A key part on the journey is to create tools that make decentralised solutions easy for everyone to use.