Self-Custody at a Crossroads as Rising Violence Collides With Growing Regulation
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As physical coercion increases and global frameworks like the OECD’s Crypto-Asset Reporting rules tighten, some long-time Bitcoiners are reconsidering whether self-custody is worth the personal risk.
Lopp warns that widespread abandonment of self-custody would “create massive centralization and systemic risk,” undermining Bitcoin’s core principles.
Despite advances in wallet design, he argues the most effective defense remains cultural: stop publicly associating your identity with your holdings. Most wrench attacks succeed not because wallets fail — but because victims are easily found. -
Self-custody debate intensifies as real-world risks increase.
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Balancing freedom and safety is becoming harder for users.