What would be the worst thing for Bitcoin?

I think coinbase getting hacked would be the single best thing that could happen for bitcoin.

allenf

Thanks for the nuanced answer. It seems to me that self-custody is always going to be a long-shot for corporations.

But this still leaves the qualified custodians. I am surprised that there are so few (or perhaps I am just ignorant of how many there are). Do you worry about large pots of bitcoins piling up in the hands of a few custodians?

Allen Farrington AMA

Thanks for the nuanced answer. It seems to me that self-custody is always going to be a long-shot for corporations. 

But this still leaves the qualified custodians. I am surprised that there are so few (or perhaps I am just ignorant of how many there are). Do you worry about large pots of bitcoins piling up in the hands of a few custodians?