Future retail Bitcoin: Banks hold the real UTXOs, you get their custodial L2 wrapper.
‘Buy BTC’ = buy bank permission slip.
Self-custody was the flex. Most will never know.
https://blossom.primal....
Yeah but when you request that bitcoin they are screwed. If they play fractional reserve games they will go bust. Losing trust. The cycle repeats. The same lessons have been learned which is why we got DEXs. The people who get burned will learn. The will get a cash equivalent then buy the real thing and put in self custody