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A comment on Bitcoin tumbles 17% as doubts grow over valuations. Parent comment

Re:Bitcoin tumbles 17% as doubts grow over valuations by captn3m0 on Tuesday February 23, 2021 @10:38AM (#26238494)
Probably using something like https://www.bitgo.com/services/custody/qualified-custody
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Re:Bitcoin tumbles 17% as doubts grow over valuations by cduzz on Tuesday February 23, 2021 @11:21AM (#26239086)
Doesn't that have all the same failure modes as a bank?

Audits sometimes don't uncover faults; insurers sometimes don't make good on their obligations, regulatory agencies sometimes freeze funds, etc.

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