Even 1 of 3 seems very pointless if two parties can collude to take the coins. Seeing them on chain still doesn't say much, they can still be rugged at anytime, it's a false sense of security
Imo just stay humble stack sats in cold storage, don't ever worry about any of this, and just spend/sell coins when needed
Yeah, nothing beats that advice. Loans are more risky. There is no protection against 6102 attacks.
That's the biggest risk with these trad-fi products.
I can also get an uncollatoralized loan for under 7% so it really doesn't make sense for most things.
It's only good to temporarily let the bank know you have money in the bank to qualify for a mortgage. This didn't exist when I bought my house and I'm glad because I might have gotten myself into trouble.
It was painful to buy fiat maxi bucks though.
