Fiat’s Siren Song
It seems that the halcyon days of self-custody, when one’s private keys were sacrosanct, are behind us. The likes of Elon Musk, that great bastion of crypto wisdom, once famously declared, “Your app sucks,” to a crypto wallet that dared to deny users access to their private keys. Fast forward to the present, and we find ourselves in a world where Bitcoin ETFs and treasury companies have become the flavour du jour. The narrative has shifted, and self-custody has been relegated to the shadows 🌑.