Damus
Peter McCormack · 146w
Thinking a lot about our Not Your Keys, Not Your Bitcoin and the reality that for global adoption, most people won’t be able to afford to own UTXOs and transact on the base chain. That a high fee ...
Lighthouse profile picture
I dont see any way there can be self custody for small players in the future.

There will probably be a fully reserved bitcoin bank that takes 1-2% on transactions. Send btc to other bank members for free. Similar to strike, binance pay or lightning

Has to be super secure though or a Lotta people will get screwed

Can't get away from conglomerates

1
Lighthouse · 146w
Pretty much wallet of satoshi. It'll be kyc, like everything else is. The key is full reserve, no rehypothecation. And 998/999 multisig. Hah