Self-custodial of Bitcoin is absolutely important to learn and put into practice, but some bitcoiners are so unrealistic about it that they will do more harm than good.
Discussion
Keep it simple stupid (KISS). Luke D is a good example of over-engineering yourself into disaster.
I totally agree and personally I'm more of a key guy than a phrase guy so I made this video not long ago for plebs who don't pleb right.
Yup, only for small amount should be in custodial wallet 💯
Yes 🙌 and if losing even a small amount will financially destroy someone then they have other things to worry about first anyway 😂
Agree, 😄
I think, the most important things is how we always try to encourage and educate new users about custodial and non-custodial wallet
Absolutely agree with you 🔥
I think most people will have more value held in a single piece of dirty paper that some stranger foisted upon them, then their zapping wallet.
Zapping works best when it is low quantum, high velocity, cross border.
No other financial medium can get close to matching it in that area.
Big financial transactions sometimes want underwriting. We are some way from that yet in Bitcoin.
Probably the most secure way to make large Bitcoin transactions is to atomise and use something TCP-esq to confirm receipt of packets and to continue streaming.
It’s very early.
I explain it to people like a martial arts belt system. Cuatodial white belts are valid participants, but they have to grow, and their higher rabk peers are there to help them do that, at whatever pace makes sense.
