Nick Neuman argues self custody gave people time to save bitcoin
nneuman-self-custody-saved-more-btc
- Author
- @Nneuman
- Organisation
- independent
- Evidence role
- social statement
- Posted
- 1 Aug 2026, 13:57 UTC
- Capture status
- capture held
Nick Neuman, cofounder of Casa, disputes the claim that self custody is over and estimates that roughly 1,100 BTC has been stolen while about 11,000 BTC moved to exchanges in a single day, suggesting that self custody may have allowed ten times as much bitcoin to be saved as was lost. He argues that the distributed defense of self custody makes Bitcoin more resilient than a centralized custodian failure would be. Held as a dated opinion piece with specific attributed figures from a named service provider. The figures and argument are the poster's own and are not independently verified here.
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