If Blackrock loses the Bitcoin

Why does everyone think its impossible for Blackrock to lose people's Bitcoin. If the custodian loses it, it's gone. They can compensate people in worthless fiat but not in Bitcoin. It's scarce remember. I feel people are ignoring the risk of a major custodian losing peoples Bitcoin or letting it be stolen. submitted by /u/Impossible-Pear1676 [link] [comments]

May 14, 2025 - 20:02
 0

Why does everyone think its impossible for Blackrock to lose people's Bitcoin. If the custodian loses it, it's gone. They can compensate people in worthless fiat but not in Bitcoin. It's scarce remember.

I feel people are ignoring the risk of a major custodian losing peoples Bitcoin or letting it be stolen.

submitted by /u/Impossible-Pear1676
[link] [comments]