put your #Bitcoin in cold storage.

if you receive direct deposit to strike, be sure to disable that for now

Reply to this note

Please Login to reply.

Discussion

Strike doesn't use Prime Trust anymore afaik

As part of their transition off Prime trust, their direct deposit functionality won’t work for a bit. They emailed people today telling them to update their payroll provider info

Strike doesn't use Prime Trust anymore. They custody their own bitcoin now.

yes, but they have halted card deposits and direct deposits for now. so if you are receiving a paycheck there you should absolutely switch that to another account asap.

cold storage #Bitcoin is always the way.

from today:

I agree with both these points, but I don’t see how they’re coupled?

still have to put fiat in an exchange to buy bitcoin*. then you have to withdrawal the custodied bitcoin to your own cold storage.

*if using a CEX

I read that before commenting 💜