candidwolf on Nostr: What Saylor said about the confiscation of gold really gets me and leads to a wider ...

What Saylor said about the confiscation of gold really gets me and leads to a wider point, which I struggle with a lot when I comes to self custody. Assuming you self custody Bitcoin and the govt declares it illegal to hold bitcoin, what do you do now? Yes you have your bitcoin, but now you are taking massive legal risk holding onto it. If you live in a chaotic state, i can see a reason to leave, but lets assume its US (in current social status) and you have a family and yes economocally things are falling apart which may lead to unrest but there is no place in the world you would rather go either (personal view of this exercise). Realistically I feel most people would turn in the bitcoin due to the level of punishments which would be associated with not doing so. So in this case, whats the difference between self custody and custodial? Curious what you think