“Your own infrastructure” has to be extremely robust. Huge security budget, audited infrastructure, soc1/soc2, and yes state oversight. We have customers who require qualified custodianship.
most who have “built their own” do not have what it takes to secure the type of volume we do. I hope they get there. Team bitcoin will be stronger with lots of robust options. We wrote up the nuances of what it takes here https://www.swanbitcoin.com/assessing-risk-in-bitcoin-custody/
But look out for some info real soon. There’s always been a plan. We do not share plans until they are fully baked :)
skwp / yan
npub1fq…u536l
2023-09-09 19:15:21
in reply to nevent1q…cnd2
Author Public Key
npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536lPublished at
2023-09-09 19:15:21Event JSON
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"kind": 1,
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"content": "“Your own infrastructure” has to be extremely robust. Huge security budget, audited infrastructure, soc1/soc2, and yes state oversight. We have customers who require qualified custodianship.\n\nmost who have “built their own” do not have what it takes to secure the type of volume we do. I hope they get there. Team bitcoin will be stronger with lots of robust options. We wrote up the nuances of what it takes here https://www.swanbitcoin.com/assessing-risk-in-bitcoin-custody/\n\nBut look out for some info real soon. There’s always been a plan. We do not share plans until they are fully baked :)",
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