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Self Custody For Me, But Not For Thee

Author: Content Editor
The author argues against the counter-argument that scalability of Bitcoin is not important because most people won't self-custody their coins. They call this argument assumptive, arrogant, and fallacious. They believe that assumptions about the present state of Bitcoin and its users cannot be used to predict the future. They explain that many users are not even aware of self-custody options and others fear losing their keys. The author highlights that key management schemes have improved and there are tools available to make self-custody safer and more user-friendly. They argue that the need for scalability should not be discounted based on the current state of self-custody practices, as technology and attitudes towards self-custody are evolving. They criticize the "I have mine, so forget everyone else" attitude and assert that the current state of Bitcoin is not indicative of its future.

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