More likely a 6102-like government grab, as they’ve shown us they’re happy to do already with gold. The US Gov (or the Network behind them) don’t need to hack anything, they can just force through a confiscation and no US company is going to stop them if they want to do it
Discussion
I am sure MSTR for example holds either one key of 2 of 2 multisig or 2 out of 3, this is an obvious attack vector they must have covered
Yes, I would assume so and I’m pretty sure Saylor has said multi-institutions and multisig but I’m not on Twitter so can’t verify. Whatever people think of his motivations he’s a smart enough guy so I’m sure he’s 💯 aware. It’s the retail plebs I’m more concerned about of course, they’d be the first to lose it
It would suck but at this point I don't know if I would feel as bad as with previous hacks/thefts. There were enough precedents and warnings and this is litteraly the first thing that everyone in the space learns when they decide to do their due diligence.
True, and taking personal responsibility is the way out of most problems. Most people unfortunately don’t want to. Of all the people I have personally orange pilled, only a handful have actually swallowed and self-custodied, normies just can’t see the threat. And it will still be my fault/bitcoin’s 🤣😖😭
Yeah, or my personal favorite - I trust you, can you store it for me?
I know! Even the ones that have ‘got it’, most ask me to help them transfer etc. They’re always trying to give me their keys!!!
Hahaha yeah, like is that supposed to be a compliment you dumb fuck, to keep me responsible when you eventually lose it because you have your seed on your forehead 🤣