“There are no solutions, there are only trade-offs; and you try to get the best trade-off you can get, that's all you can hope for.“ - Economist Thomas Sowell
Discussion
NO TRADE-OFFS. UP ONLY!
This is a good one. A lot of people ignore trade offs while trying to maximize for something. I've been trying to figure out my self custody setup recently and had to ponder a lot the trade offs between protecting myself from theft vs accidental loss. I've been finding that for some things, like multisig, they are inversely correlated.
Exactly. And everyone’s situation is unique and changes over time. Are you 5 years old? 90 years old? Fiduciary responsibility? Married? Single? Inheritance? On and on…