imo its bad product desing that detracts from the ethos of not your keys not your coins.
reliance on an app plus a hardware device with no screen for verification and a third party server just stinks. Maybe i have too much faith in humans but it seriously cannot be that hard to write down twelve to twenty four words and keep them safe.
I guess end of the day the people will decide. I have an obvious heavy bias. But man......if keeping a few words safe is to hard for people....then i dont know what we are doing here.
We invented banks because we can't keep our own funds safe. Humans need help managing their funds.
Bitcoin = “Be your own bank.”
Bitcoin = “Remove counterparty risk.”
——
These two values are marginalized or surrendered by saying “people need banks” and “trust someone else’s server”.
A person is free, of course, to move *away* from Bitcoin’s unique capabilites.
Just disappointed that the company enabling the move might be Block.
as nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx repeats: if you can drive a car, you can hold your own keys. if you can raise a kid, you can hold your own keys.
humans are smart and do tons of high consequence shit every day. they’re not dumb. education is key.
Have you seen some of the parents out there or some of the people driving? 🤣 Not all humans are good at these things and I think this is a bad example. We have evidence every day to prove a large percentage of the population suck at these things.
As for technology, I once had a woman that could not start her workday because none of the programs on her desktop were working. She was unable to work, couldn't function. The issue? Her icons were out of order on her desktop. She had 5 applications she opened in the morning to start her day and she couldn't find them just a few inches below. They moved and she thought it was broken. She was very distraught. 🥹
We've lost probably 3-5 million out of 19.5 million that's been mined. We've proved that we need better solutions. Multi-sig where one of them someone keeps for you like Unchained or Casa are best for the vast majority of people. I agree a screen to verify the transaction would probably be best, but then again I also bet after the first handful of times your average person doesn't check unless it's for a very large amount.
another perspective: they’re easy to lose when they’re not worth very much and there’s a general lack of education. I suspect this becomes less of a problem as the value increases.
This is a good point. As value increases, so does concen about their safety, and as a result so does education.
No reason they couldn’t make a pricier version with a screen for all those concerned? 🤷♂️
agreed
