[Coldcard Controversy Sparks Self-Custody Debate: Bloomberg Analyst Questions Whether a 5-Person Team Can Handle Security for Millions of Users] Eric Balchunas, Senior ETF Analyst at Bloomberg, commented on the Coldcard wallet security incident, questioning whether a company with only about five employees is suitable to take on such a critical responsibility for Bitcoin storage. Balchunas stated that the number of employees at the company behind Coldcard "seems unbelievably low." He pointed out that if a bank had only five employees and was headquartered in Canada, would people be willing to entrust their life savings to it? He argued that while this might be seen as a feature in the crypto industry, from a traditional financial perspective, it would be a clear risk signal.