We do need to ask ourselves a question though: is this better than an ETF? A lot of the masses will require simplicity.
1. Not open source software/hardware
2. No clear commitment to open source software/hardware made
3. Block gets 100% visibility into all transactions due to 2-of-3 multisig architecture
4. No ability to verify addresses or amounts (no screen)
5. Still $150 + shipping w/o screen
"Gets many more people thinking about self-custody in #Bitcoin"
Worth Reading about #Bitkey here: https://www.zherbert.com/bitkey/
Discussion
Yes it is. But I wish Block didn’t opt for all those sacrifices.
Models are incremental. This is Block's "no fuss" option for mass adoption. Competition in the normie space is sorely needed for adoption.
It's not for me or you, but it's there now as an option to BlackRock. That is important.
I just found out #1-2 are inaccurate, thankfully!
nostr:note1950e7793pvp38udqtet078wyneqwx0y3vhn3rq83wj3s8vjzk34qyygqcf