Replying to Avatar BTCrevolutionary

My point was you have the intellect to understand #Bitcoin if you can open a bank account

Btw it far easier to generate a BTC address than go online and/or go to bank and open account. The mental framing around Bitcoin should be that it’s easy and that fiat is hard to use.
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Alex B. 1y ago

But it's just not the case.

It's much harder to securely generate a private key and back it up than it is to open an online account I don't know what you're talking about.

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BTCrevolutionary 1y ago

Most wallets will generate one for you…. This should be ok for the average user… how is it hard to back up your private key? There are tons of solutions out there

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Alex B. 1y ago

>how is it hard to back up your private key? There are tons of solutions out there

given the billions of dollars lost in self-custody, I'd say moderately hard.

you seem to have little idea hoe often people fuck up this very "simple" step

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BTCrevolutionary 1y ago

Well if self custody is that hard where they can’t keep 12 words safe, do we have any hope this project will succeed in becoming the world’s money??

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Alex B. 1y ago

Absolutely. We don’t need everyone to self custody for Bitcoin to be successful.

Heck most people won’t be able to afford self custody anyways.

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BTCrevolutionary 1y ago

I’m a self custody maxi lol.. The idea of some else holding my Bitcoin makes me shudder.. but if that works for some people… what can ya do