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WisdomTree digital-assets researcher Dovile Silenskyte argues that direct bitcoin ownership imposes substantial operational and security responsibilities on investors — from key management and wallet upkeep to handling upgrades and chain splits — risks that are often underestimated. In a related Q&A, Bryan Courchesne of DAiM says the failure of the CLARITY Act is more consequential for the wider crypto industry than for bitcoin, because bitcoin already benefits from developed institutional infrastructure such as spot ETFs and regulated futures.
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