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In an interview with Bitcoin Archive’s Archie, early Bitcoiner and Financial institution to the Future co-founder Simon Dixon characterised the present second as nothing lower than “the Wall Road assault part,” arguing that institutional finance is assembling the plumbing and incentives to tug buyer cash into custodial wrappers—and, in disaster, separate buyers from their bitcoin. “Individuals underestimate what Wall Road is keen to do to take your Bitcoin,” he mentioned. The important protection, in his view, is unambiguous: “Bitcoin is cash you may personal, cash you may spend, and cash that has a hard and fast provide with a financial coverage that no one can change.”
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