https://v.nostr.build/ZlWJRIZAuuRZwebf.mp4
Absolute power corrupts absolutely
Is self-custody too difficult?
Discussion
Self custody needs to be made easier and more robust for the average person.
It's pretty robust.
Devices like nostr:npub1tcnvkw8fu29zspw54tuhfrk0tkzn6qdupmc45slt4zmase3dzqask6ctu0 have made it pretty simple.
Even an app like nostr:npub1qvphhla9f5dt7xf7phtw43jtjhk8hnexgqn0nc0d9jumpca8ahvq6rlyfw works just as good.
Both infinitely safer than custody
From my perspective, the most secure method for protecting your Bitcoin is a multi-signature cold card wallet. However, the physical storage aspect poses a significant challenge, as demonstrated by the estimated loss of over 1.5 million Bitcoins to date.
While there are certainly robust solutions for safeguarding your Bitcoin, they tend to be complex and place a heavy burden and responsibility on the user.
I’m not very familiar with the Blue Wallet option you mentioned.
Big Key is a decent product, but it might not be very robust. It involves too many parties, apps, and technologies that could potentially be vulnerable to hacking and trust.
Bitcoin is fundamentally designed to be secured using a 12-24 word seed phrase, which is the most reliable and secure approach yet most challenging.
Adam, are you guys planning on enabling daily DCA? Weekly/biweekly and monthly is not cutting it.
Yessir
Wouldn't be responsible to daily DCA on chain ;)