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Ep. 2147 What Is Happening With Bitcoin?

The Tom Woods Show

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Bicoin - The Risk Outweighs the Benefits

Bicoin doesn't have a corporation that you can call to say, undo this transaction. So the risk is much higher if you do not own your biccon. And i think many of us in the bit coin space were really trying to educate people and say there's a lot of risk when you leave your coins with a custodian. But yes, there will be some element to which it's less convenient, but at the same time, it protects you. It protects your coins. arguely, i helps protect the system, because there's less tial for fractional reserving. Especially in bid coin's no baloud environment. In bitcoin, there are no bales

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