4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC127: Long-Term Holders Driving the Bitcoin Market w/ Dylan LeClair (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Self Custody

The key difference between Bitcoin and gold is the ability to self custody in a matter of minutes for basically no cost. "I can move a billion dollars of Bitcoin for five bucks and I can settle on chain in 10 minutes, worst case, it settles in an hour," he says. He adds that even if fidelity doesn't have those withdrawals on now, the market will demand it because they won't be in a dominant position if they don't offer them.

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