Discussion
So unnecessary. Just sign a message with your key. No transaction necessary, no custody necessary, perfect proof.
Unless doing that somehow degrades security... Idk. Might be similar to sharing xpubs... Idk.
Bitcoin IRAs like unchained have the sats in a 2 of 3 where they hold 1 key and have the xpub.
Privacy is 0 but the feds still can't steal your shit without hunting you down personally.
This is why the new mortgage law only makes sense if they plan to confiscate in bulk from the custodians.
Power can only rest in one place. I don't trust things which I don't understand. What I understand is... power can only rest in one place. Any qualification on top of that is an invitation to test it, and power always wins.
That's my way of saying fuck coinbase and fuck this new thing that helps coinbase by taking power from bitcoiners. I'm simple, in a kinda convoluted way.