pull down to refresh

55 sats \ 2 replies \ @SimpleStacker OP 24 Oct \ parent \ on: Self custody strategies for small volunteer orgs with rotating staff? bitcoin
I think the thought behind multisig was to make it harder for a single person to steal all the funds. But when I looked at other aspects of the church finances, multi-sig sign-off is not required for other types of (fiat) spending. So there's definitely an assumption of trust already built in, so maybe it's fine to use single sig / single user managed LN node for now.
write
preview
30 sats \ 1 reply \ @BeeRye 24 Oct
you can go single sig but have multiple people with access to the xpub. That way if some bullshit is going down, people will know as you can see everything going on in the wallet.
reply
55 sats \ 0 replies \ @SimpleStacker OP 24 Oct
Yeah I think that's the way to go at first.
reply