Nicholas Dorier brings us a short piece that is very relevant to many of our challenges today, being clear and precise about the definition of the word custody. As we have seen for decades, the political sphere is almost designed to destroy and confuse the definition of words for the explicit purpose of broadening power, and creating enemies and criminals of anyone who gets in their way. But an even greater dilution of the term has come from within, as new "layer 2" systems compete to be seen as the next major leap forward. Are they really, or are we losing a key definition that could bring more consequences than we may admit...? Let's dig into it.
Check out the original article Read_872 - Erosion of the Meaning of Custody by Nicholas Dorier (Link: https://tinyurl.com/44xdbhwe)
Host Links
Check out our awesome sponsors!
Ready for best-in-class self custody?
Trying to BUY BITCOIN?
Bitcoin Games!
Bitcoin Custodial Multisig
Education & HomeSchooling
"The beginning of wisdom is the definition of terms." — Socrates
“Lightning Network provides a framework to measure the time-value of bitcoin, a precursor for a capital market and reserve currency status.” -Nik Bhatia Today...
In this episode of Bitcoin Audible, I revisit an important concept that deserves more attention: timeout trees and their potential to revolutionize scaling for...
"The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates in the US to...