Crypto Credit Isn’t Dead
The Breakdown
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Cryptocurrency Credit Crisis
Bitcoin is the perfect form of collateral upon which to build banks, as a cryptographically auditable a bearer instrument with cheap physical delivery. It vastly out preferms gold specie as a collateral type. The bict coiner, not your keys, not your coins doctrine is also ironic in this context. If bit coiners had spent more time building better tools to use bit coin in a non custodial manner, they wouldn't have been subject to the false binary of full custodial intermediation versus full self custody. Intermediate models are possible. Anyone who has used blue chip defy protocols knows that you can harmonize financial innovation and self custodial key management. And while i think it would be
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