The Importance of Qualified Custodians in Bitcoin

qualified custodians tend to be Traditional financial people who know absolutely nothing about key management. That's overall bad for the vast majority of Consumers because that's concentrated third-party risk in the hands of a select few. You want a million flowers to bloom Distribute the private keys amongst many different businesses many different individuals Yes, some may fail but that failure will be isolated to a relatively small group of people compared to The potential failure of a massive qualified custodian.