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PaperclipPerfector  5mo ago (text post)   3398 thread views

Small-Scale Question Sunday for August 17, 2025

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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I view the custody concern only in terms of "my financial advisor stole everything and disappeared". At the scale of those ETFs, I don't see the bitcoin assets being significantly different from any other assets under management. That page looks helpful, thank you.

If you are using bitcoin as a hedge against financial collapse, it's a bit risky to use custodial counterparties that would go under in the event of a financial collapse.

It's an interesting question whether Coinbase is already qualifying as "too big to fail". I'd say probably not yet, but could become before this decade is over. Of course, massive regulatory interventions would accompany that.

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