A perfect example of the wrong choice in a “fight or flight” scenario…
The anxiety around this level of personal responsibility is understandable, but it should be used as a motivator to find a legitimately secure setup!
If the funds were legally insured, it would be a different discussion… nostr:note16ggpfqzanrx520uz8k66u747swcgj03d8ns7af660e4t7xxrk00szq3nfy
Withdrawal limits will drastically come down in the future (better believe it)
I think it’s likely this guy won’t have an option in the future to move that stranded Bitcoin (even if he finally sees the light)
Very good chance of that
I’d rather have sats in self custody than trust an exchange 🤦 What will happen when price pumps and it’s worth a million 😬
I mean I wouldn't store even a seed worth 1000 sats on a ledger hww, but leting people taking care of your money for you, it's a child mindset and a good way to get rug pulled, it's far from a solution to not store on a ledger.
Spot on.
Ironically, humans have many thousands of years of experience keeping analog secrets…the hardware wallet is to help with the digital side of things, which is new.
So, in essence, this is a Luddite in the extreme.
Fear is powerful, and (a healthy amount of) anxiety is an evolutionary advantage! It’s the subconscious/nervous system saying “hey something’s not quite right”. If used as a tool, one can harness those emotions to solve problems. Problems like where should that guy put all his Bitcoin 🫣
Agreed.
Just in case anyone needed more examples of why much of Europe has just rolled over and capitulated to extra-governmental control.
