Yes but how do you so sure this wallet won’t crack. I use brokers wallet if I ever want to trade coins.
Bitcoin is a bearer asset that you control using the private keys If you're using the broker's wallet, they own the private keys and the bitcoins, what you have is an IOU from the broker You do not own any bitcoins
Yes great tool for speculation 100% + 100- that is market risk fine those who cna handle it take part but the unwanted risk of tinpot country based "Exchanges" running away with your COINS LOL
that's the point if bitcoin wants to be legit tender or an asset class, dot gov needs to have the ability to track and trace, otherwise it won't be adapted.
Yes, bitcoin has monetary value determined by the global markets supply and demand Can you explain how is that related to the points and logic of your previous 2 posts?
if it has money value, not charitable givings, then it will be regulated by the governments, current framework has to involve a custodian of sorts.
You're trying to apply the logic of a legacy monetary framework to a completely different asset class that has no use whatsoever for a centralized custodian.