CD98: Good Morning with David Bailey
Citadel Dispatch
Custodial Risk and Market Dynamics
This chapter focuses on custodial risk in the cryptocurrency market, particularly concerning the implications of GBDC on Bitcoin ownership. The speakers discuss the effects of redeeming the trust and the importance of self-custody, highlighting how current challenges have educated Bitcoin holders about managing their keys. They analyze potential investor outcomes based on trust management decisions, emphasizing the broader themes of control and trust within the Bitcoin ecosystem.
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