Yeah absolutely. It’s been a continuous journey to explain to the insurance guys that bitcoin is far safer than the things they’re used to insuring.

Personally I’m going to be an early adopter and find a way to mitigate the cost by selling covered calls on ibit or something.

My brother was a newbie. he sent all zaps to me immediately 😆

I got a 2000+ zap from gigi for one of my first posts. If what you say is original, interesting or funny it deserves a zap. Fran got more than a million sats for her first post and Prince Philip zapped me 21 sats before he even made his first post.

I zap newbies for fun. Dumb as shit.

Zapping newbies right away is a poor approach. It encourages bad behavior. The right message should be: 'Welcome, now show us you're real. If you're not a bot or a scammer, you might earn a zap. Good luck!

Times have definitely changed. Unfortunately some are here just for the zaps and they try to get them in disingenuous ways

You knew people irl on nostr then?

I don’t think so.

It was all a ploy to get those sats.

The pepsi wars 😂

Or the brand new npubs with a zap wallet setup who already know all the terminology and hash tags 🙄

Same thing with the zapathons.

Zapping newbies is actually good. Just don't zap too much

The sats must flow, lol if people are careless with theirs, just point and laugh

Especially since there are (or were?) people with many npubs who try to milk the introductions

When plebs think about using the service it’s mainly about the trade offs surrounding cost and privacy.

You can’t have private insurance. It’s not possible so your stack is KYC’d etc… and in addition you need to find someway to offset the annual premium cost.

That said you’re getting a guarantee you make it from here to there with your stack intact. Which is huge. I know every Bitcoiner has the risk of ruin in the back of their mind constantly.

The fact that there could be some critical flaw in our self custody set up is the thing that keeps many of us up at night.

With anchorwatch you hold the keys and they hold the risk.

So it’s a game changer in that regard.

I don’t worry about insurance fine print or whatever. Firstly I know the team well obviously and they are the underwriters. Secondly AW has a procedure for how you are to secure the devices etc… and as long as you follow instructions you are safe in a loss event.

Plus on top of all this you have the time lock.

The bitcoin literally can’t be moved during the time lock period.

And then you get the benefit of inheritance planning etc… lots of positives.

The negatives again are mainly cost and privacy.

GM🙂☕️

I’m guilty of this but now I stand corrected. Thanks🫂

No, when

There is yeah. A couple of them I think now.

How long have you been using nostr?

Yep agree. Show some proof of pulse

Couldn't agree more, people just unload instantly, especially if there's a few photos, and those photos show a women.