rand0mguest2 on Nostr: It’s hilarious how the suits at swan were prob all pandering to the boomers that ...

It’s hilarious how the suits at swan were prob all pandering to the boomers that were too scared of self custody so they didn’t custody and then they barely didn’t lose their funds by switching from prime trust last minute. Still the Wild West. Maxis were still right. With all the hate that the orange pillers have given coinbase (while hyping up swan), coinbase was clearly the better choice for custody and the institutions have given them their nod of approval. Many ppl predicted this, I remember Stoney Bitson (npub142e…kjlz) being most vocal but I saw at least a dozen others predict PT would fail, so it just shows you how much information asymmetry is left but also how much signal is to be found in advance if you know where to look.