Whether you like it or not, Bitkey is the only viable self-custody method for normies.
Discussion
Why not just blue wallet on mobile and stamp your seed phrase unto a 5 dollar piece of stainless steel.
Normies only start with 100 dollars or 500 or 1k. Not worth getting signing device for that amount. Maybe 1k is worth it already. But dont think a normie will do 1k smash buy.
Then why did his friend lost the bitcoin?
No backup.. paper wallet would've saved them but not recommended.
Exactly my point. Normies don’t understand the importance of the 12 words, and safe backup practice. That is why we are where we are.
Well my point is you dont need a 200 dollar signing device to self custody 500 dollars of btc or any other amount of btc. Its a huge learning curve and most people honestly dont care. They like fiat. Till they show self interest, till they realize fiat is largest fraud in human history its hard helping them with brute force.
Agree to disagree.
I have advocated bitcoin self custody for many years now, and many of my friends lost it no matter how many times I told them the importance of backup.
I don’t think you understand their fiat mindset still thinks they can call someone to recover their wallet.
100 percent, you can lead a horse to water but you can't make make them Drink. We literally saying the same thing and I dont know what you getting stuck up on. Making them buy a 200 dollar signing device if they can't even secure their bitcoin for free won't save them.. .... ........ . . ....
The whole point is that they’ll forget about the mere $200, which in 5 years will be more than $2k and by then they have lost the private key
Not everyone is smart or sovereign as you bro