Replying to Avatar Phundamentals

The first generational mortality transfer will likely lose SO MANY of the 21M coins - I wonder if adoption is great enough by that time before anyone cares about an mSat.

I think many people will have their coins on Lightning and custodial higher layers and will survive the purge - I’m not convinced we’ll need a fork to elevate the mSat but we’ll need to figure out the dust limit for sure.

Get your kids to study math so they can solve the technical problems of the future!
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Bill Cypher 2y ago

There is something else from this I think most bitcoin security guides miss. Basic security is taught as the CIA triad.

Confidentiality, only the people I want to know my seed know it. - well covered, use an airgapped hardware wallet.

Integrity, my recording of my seed won't change our easily be damaged. - well covered, metal seed backups.

Availability, the people I want to have access will not lose access. Poorly explained in most bitcoin security guides. M of N multi-sig with partially custodial inheritance services like nunchuk or unchained is the best solution I know of.

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Phundamentals 2y ago

I love the CIA acronym for security. Gotta train myself to remember this.