0 sats \ 0 replies \ @hugomofn 9 Jul 2023 \ on: Why Multi Sig? Why not a Passphrase? bitcoin
Passphrases have footguns that have tripped up many users over the years. They are oversold and the associated risks are often downplayed IMO.
I've written about their weaknesses here.
https://hugonguyen.medium.com/passphrases-are-not-the-solution-for-bitcoin-custody-4f967a339b1b