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Individuals can care or not care about self-hosting wallets, but besides the practical or theoretical concerns about some company having control over it is the
by tmcw 5y ago
Individuals can care or not care about self-hosting wallets, but besides the practical or theoretical concerns about some company having control over it is the fact that the original Bitcoin whitepaper begins with:
> A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
The underlying sentiment here, at least for me, is that crypto churns through thesis after thesis, pitching different usecases and value systems and benefits, and all of them fall flat, and the only remaining reason to be in it is idiotic "number go up" economics, hence the "store of value" thesis which describes everything from gold to dollar bills to a ham sandwich, and demands and describes nothing of the technology.