Nostr Web Client

advice does not exist in a vacuum, it exists in the real world and should be compared to alternatives, honestly

the risks of mstr in a brokerage account: trusting multiple corporations, trusting the government

if you are fine with that threat model then bitkey has less risk, is easy, and has inheritance built in

if you want to take it up a step then single sig with a seed kept in multiple locations is more secure, and still relatively easy with popular hardware wallets

if you are a public figure or have a more advanced threat model for some other reason then it could be worth it to learn how to use multisig

DRE 6mo ago

I think people underestimate the risk of doing inheritance planning with single sig, but that’s not here not there.

I don’t necessarily disagree with what you laid out, but I’ll attempt to get to the core of the disagreement, so we can move on.

We disagree on the motivations behind Jeff choosing to describe self custody the way he did. I don’t think he was trying to scare people away from self custody by purposefully making it seem complicated and intimidating. If anything I think he was trying to show off to the audience of that podcast by talking about watching BTCSESSION videos and stamping seeds on steel.

He might not be your cup of tea, but I think he is a net benefit to bitcoin and honest person.

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Discussion

ODELL 6mo ago

i also think he is a good person that means well, and i think the same of you

here is the transcript:

DRE 6mo ago

🤝🏼

sudocarlos 6mo ago

"just trust somebody else to do it" returns no hits in the bitcoin white paper

DRE 6mo ago

Wasn’t an option in 2008.

sudocarlos 6mo ago

it was the antithesis in 2008

DRE 6mo ago

Good thing the podcast took place in 2025 and not 2008