Self Custody and Crypto - The Trends Toward Adoption | Crypto for Advisors
Interaxis Interaxis
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 Published On Jan 2, 2024

In this video we delve into Self Custody and Crypto.

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- Self-Custody in Crypto: Understand the significance of self-custody, which began with Bitcoin and has now expanded to Ethereum and other cryptocurrencies. Learn how this concept empowers individuals to have direct control over their digital assets, contrasting the traditional financial systems.
- Control vs. Custodianship: Discover the stark difference between the illusion of control in traditional finance and the real control offered by blockchain technology. We delve into how banks and financial institutions, like Schwab and Fidelity, only provide beneficial ownership, not actual control.
- The Shift in Data Ownership: Explore how the control of personal data is evolving from being dominated by tech giants like Google, Facebook, and Amazon, to individual ownership and management through blockchain technologies.
- The Streaming Media Analogy: Understand the shift in consumer behavior and control through the lens of the streaming media revolution. Learn how the transition from traditional cable TV to streaming services like Netflix, Amazon Prime, and Hulu represents a larger trend towards personal control and choice.
- Implications for the Future: The video forecasts how the desire for control, as evidenced in media consumption, is a precursor to similar trends in finance. Crypto, blockchain, and DeFi are paving the way for more autonomy over finances and personal data.

Key Takeaways:
- The increasing demand for control and autonomy in various aspects of life, including finances and data.
- The transformative impact of blockchain and crypto technologies in fulfilling this demand.
- The potential risks and rewards associated with this shift towards more decentralized and user-controlled systems.



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