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Rabbit Hole Recap #226: FTX BLOWS UP - Takes House of Cards with it

Rabbit Hole Recap

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Unchained - Multi-Sig Is the Standard

I think multi-sig is going to become the standard. Like people aren't going to be able to trust one institution controlling all these funds. They're going to want a devious solution where you have multiple parties, basically having oversight of these funds to reduce risk. You are entering a KYC relationship where they know all your balances. If we see further government action, that information will be very important if they try and either tax Bitcoin more heavily than they're already taxing it or if they go for full seizure.

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