Simply Bitcoin Larry Fink CONFIRMS The Worlds BIGGEST Banks Want YOUR Bitcoin?! | EP 1354
Oct 15, 2025
Larry Fink's excitement about BlackRock's Bitcoin ETF sparks a discussion about how major banks are eyeing Bitcoin custody. Experts delve into the risks of trusting institutions with your assets and the importance of non-custodial options. They highlight innovative solutions like BitVault’s multi-sig and time-lock features for enhanced user protection. The conversation also touches on Ray Dalio's evolving stance on Bitcoin as alternative money and a warning from the IMF about declining trust in central banks. The episode wraps up with insights on the future of self-custody.
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Wall Street Follows Profit Signals
- Institutional interest follows profit signals like BlackRock's ETF success and large inflows.
- Optimist Fields warns this will trigger a rapid torrent of capital chasing Bitcoin.
Don't Give Institutions Your Keys
- Do not give custody of your Bitcoin to large institutions if you want true self-sovereignty.
- Use non-custodial products and emerging user-friendly tools to keep private keys under your control.
Miniscript Makes Custody Safer
- Miniscript and new multisig patterns blur the line between custodial and non-custodial services.
- Francesco says custodians can hold keys but be cryptographically prevented from moving funds.