
Episode #156 - Caitlin Long and the Lingering Questions Over Fed Crypto Policy
Gold Goats 'n Guns Podcast
Bitcoin Custody: Retaining Ownership and the Fed's Opposition
This chapter explores the concept of Bitcoin custody and proposes a model where custodians maintain segregated wallets, allowing customers to retain ownership of their assets. It discusses the importance of insurance for breaches and the idea of banks being service providers rather than counterparties. The chapter concludes by suggesting that this alternative model may be why the Fed opposes cryptocurrencies.
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