Reads: What The Unbanked Know That Everyone Are Starting to Figure Out
Bitcoin Well Podcast
- Published
- May 31, 2026
- Duration
- 11:25
- Summary source
- description
- Last updated
- Jun 10, 2026
Discusses society, culture.
Summary
Bitcoin Well Reads: The Unbanked Already Know What the Rest of Us Are Starting to Figure Out Texas just pulled its $10 million Bitcoin reserve out of BlackRock's iBit and moved it into direct custody. The second biggest economy in the US looked at a custodial ETF and said not good enough. They want the actual coins on their own infrastructure protected by…
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Show notes
Bitcoin Well Reads: The Unbanked Already Know What the Rest of Us Are Starting to Figure Out Texas just pulled its $10 million Bitcoin reserve out of BlackRock's iBit and moved it into direct custody. The second biggest economy in the US looked at a custodial ETF and said not good enough. They want the actual coins on their own infrastructure protected by their own keys. First they laugh at you. Then they fight you. Then they buy the ETF. Then they take self-custody. Here's what gets Zach: Texas
Themes
- society
- culture