Bitcoin: Ownership and Custody - TOKEN2049 Singapore 2023
Explore the intricate dynamics of Bitcoin ownership and custody in this compelling presentation from TOKEN2049 Singapore 2023. With over a decade of experience in the cryptocurrency landscape, the speaker delves into the core principles of Bitcoin ownership, highlighting the often-overlooked risks associated with conventional financial systems, such as bank failures and identity-dependent ownership.
The session provides a comprehensive historical perspective, tracing the evolution from physical commodities to modern-day title ownership. It critically examines the vulnerabilities of these systems, particularly during economic crises, and underscores the benefits of decentralization offered by Bitcoin. Emphasizing the importance of self-custody, the talk cautions against the dangers of storing Bitcoin on exchanges due to their susceptibility to hacking and insolvency.
A strong advocate for self-custody, the speaker introduces Ballet—a groundbreaking, non-electronic cold storage solution designed to simplify and secure cryptocurrency management. This innovative approach eliminates complexities, ensuring users maintain complete control over their assets without the risks of technological failure.
Gain insights into the future of Bitcoin, with discussions on its potential value trajectory driven by upcoming block reward halvings. The speaker, also an author of a Wall Street Journal best-seller on Bitcoin, shares resources for further exploration into the world of digital assets.
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