would you insure your BTC in cold storage?
Discussion
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Nope. That introduces a third party and in turn another counterparty to offset the third party's risk.
Nice try IRS
The insurance is in the operational security. There's no need for further insurance. Except life insurance and perhaps physical security guards.
What is cold storage?
It’s an oxymoron.
The highest form of insurance is self-custody. The bare minimum you have to do is remember 12/24 words and no force can take away your bitcoins from you.
Yea
There is a price below which this makes sense, and a price above which it does not.
With FDIC? 🙃
Just keep it all on Binance, problem solvex
Insure it with what, fiat? 😅
Your post is generating a lot of interest.
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