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Are Custodial Services Needed?
Why are institutions jumping for joy at Coinbase Custody and other custodial services? The whole point of Bitcoin is that you OWN your private keys. Why would you want your private keys with someone else? Anything Coinbase can do, you can do. You can make your own multi-sig wallet, constantly track your balance with a Master Pub-Key, and be rest assured that your cold storage isn't touched by work-starved account managers tempted to steal your cryptocurrency.

Honestly, what am I missing out on?

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