Ecash Ecosystem Rises To Challenge In The Defense Of Decentralized Custody

BTC++, Berlin, and breakthroughs in advancing Bitcoin custody

A few weeks ago, I argued that the Bitcoin ecosystem kept asking the wrong question, tending to frame everything as “trusted” or “trustless.” Instead, I urged people to ask “How many independent things have to go wrong before you lose your money?”

This is a guest post by Obi Nwosu, Co-Founder of Fedi and Fedimint. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Look at Liquid or, weeks before that, Coldcard. Matt Corallo expressed the issue in the most succinct terms: run the same software, suffer the same bugs.

That critique applied to…

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