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The use of cryptocurrency for anything other than investments has been hindered the UX compared to the traditional financial system. But, how much additional ef
by afuchs 6y ago
The use of cryptocurrency for anything other than investments has been hindered the UX compared to the traditional financial system. But, how much additional effort would someone have to expend to maintain a list of guardians compared to maintaining an account in a traditional banking system?
- toomuchtodo 6y agoWhat if banks offered guardian services? They could even call it something like “custodian services.” https://www.occ.treas.gov/topics/supervision-and-examination/capital-markets/asset-management/custody-services/index-custody-services.html https://www.occ.treas.gov/topics/supervision-and-examination...
- csunbird 6y agoWriting the private key on a paper and storing it in a bank vault could also be an option.