How will nation states deal with Bitcoin custody?
If it's just in a wallet the President controls, that seems like a risk to the country.
If it's the Treasury, then who at the Treasury has the keys?
If it’s multisig, who has the keys?
Will an institution like Coinbase act as a custodian? If so, who directs the custodian? The president? The president and someone else? Does congress have a roll?
In Bukele's case, what if he contested an election and refused to give up custody?
⌜Jan⌝
npub1lj…ny8mm
2024-07-23 22:23:39
Author Public Key
npub1ljs59gafqrldw8vrr2s248pphwr2tyt6ncgcxevc27mgfuj6u88qzny8mmPublished at
2024-07-23 22:23:39Event JSON
{
"id": "c98e3f411457521ac088dae4ef11aa6ec005df7a47ad22381aa5f1c4556f297b",
"pubkey": "fca142a3a900fed71d831aa0aa9c21bb86a5917a9e1183659857b684f25ae1ce",
"created_at": 1721773419,
"kind": 1,
"tags": [],
"content": "How will nation states deal with Bitcoin custody? \n\nIf it's just in a wallet the President controls, that seems like a risk to the country. \n\nIf it's the Treasury, then who at the Treasury has the keys? \n\nIf it’s multisig, who has the keys? \n\nWill an institution like Coinbase act as a custodian? If so, who directs the custodian? The president? The president and someone else? Does congress have a roll? \n\nIn Bukele's case, what if he contested an election and refused to give up custody?",
"sig": "dede73bd1484b525ddd9958058800e201ecae184edfc50b46e3186d5a431b84d9095694747ff0cde30db117cd772df724ddee3df65a95fd31b920538d8c4612f"
}