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34 sats \ 1 reply \ @gojira9000 29 Feb freebie \ on: POLL: At what BTC price does self-custody get scary? bitcoin
I'm not scared about my ability to hold my Bitcoin, I'm just worried about someone else taking it from me (or perhaps losing it in some disaster scenario.)
I tried to picture what it would be like to have this BTC stack when it's worth hundreds of thousands per coin (or more) and know there are at least a few people out there who are aware that I own Bitcoin or maybe heard me talk about it in the past, and I realized my security needs to be a lot better. So I'm going multi-sig with a passphrase, decoy wallet, all that stuff, and really thinking creatively about how I want to store my backups.
I'm hoping that I can just live a normal life as the person who never seems to worry about money and not have to reveal why that is. I have a good-paying job and I'm somewhat known as a personal finance nerd so it's plausible that I might retire early.
Among all the things that people have said here, seems like having people know you are a bitcoin "enthusiast" is the one most are worried about. Makes me think I probably shouldn't wear that giant fuzzy orange bitcoin man costume as much as I do.
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