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Self-custody of money was the original promise of crypto but it's always also been its biggest hurdle to adoption. How does, say, the average senior citizen buy and use cryptocurrency without needing to put trust in a third party of some sort?
RT @aantonop@twitter.com
The lesson from FTX isn't "FTX wasn't a safe place to store money".
The lesson is: "No exchange/third party can be trusted with my money"
: TwitterAndreas on Twitter“The lesson from FTX isn't "FTX wasn't a safe place to store money".
The lesson is: "No exchange/third party can be trusted with my money"
#NotYourKeysNotYourCoins”
Deep into crypto's second decade, the question remains: who is this stuff for, exactly? The answer is still less "criminals" and more "nerds," but it is still not a very satisfying one.