20 sats \ 2 replies \ @Jon_Hodl 19 Oct \ on: Unchained Capital - The free ride stops now bitcoin_beginners
While I really like Unchained as a company, this just seems like unnecessary rent-seeking for a service that requires little upkeep.
Why are they requiring their users to pay rent just for Unchained to hold a string of numbers? Why does that cost $250/year? What actual service are they providing for that much money?
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0 sats \ 1 reply \ @BitcoinIsTheFuture OP 19 Oct
I totally agree, that’s my struggle! What do you plan to do?
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10 sats \ 0 replies \ @Jon_Hodl 20 Oct
I think a good self-custody multisig setup is for me. I won't be using any third parties personally but I think the future of third-party custody is going to be joint custody and use the custodian of the third key to act as a coordinator for batching transactions.
If Unchained was doing something like that, it makes sense but afaik, they just hold a key for you.
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