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Replying to Avatar HODL

You’re not a Bitcoiner until you…

Buy Bitcoin.

But then you’re like wait, I need to get these coins off the exchange.

So you get a hardware wallet.

But then you’re like wait, this is a ledger.

So you get a cold card.

But then you’re like wait, it isn’t using a passphrase.

So you use a passphrase.

But then you’re like wait this isn’t multisig and multisig would be better.

So you buy 4 more coldcards and set up a multisig.

But then you’re like wait I can’t just do coldcards I have to guard against supply chain attacks.

So you buy a ledger again and probably a bitbox too.

But then you’re like wait, I haven’t geographically distributed these.

So you disperse them throughout the country.

But then you’re like wait, what about jurisdictional risk?

So you disperse them to multiple countries.

But then you’re like wait, what if I was tracked as I was placing the hardware wallets?

So you…

There’s actually no end.

It just keeps going like that forever.

Congrats you’re a Bitcoiner now lol 😂

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bing 1y ago 💬 2

But wait, how does my family access my Bitcoin if I die suddenly?

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TeslaLiberty 1y ago

right this

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Wenze 1y ago

Almost impossible without involving a 3rd party, unless the family are Bitcoiners as well.

That’s why I either set clients up with collaborative multisig or with nostr:npub1cvqlzvmjercdn0ypsmv8f7j9lge6ahsnueh5rparh53wuswftv4q49yjt3 HoneyBadger

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