This can't be an accident. I see it as the opening salvo to convince us not to trust ourselves with our own bitcoin. Uncle Larry's ETF will keep us safe.
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46 sats \ 0 replies \ @teemupleb 7 Apr
I read this more like a plug for multisig and collaborative custody solutions like Casa.
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36 sats \ 0 replies \ @kurszusz 6 Apr
This is just another scare tactic... I'm not afraid of losing my bitcoins as long as they're in my own wallet...
Just remember..."not your keys, not your coins" ;)
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36 sats \ 0 replies \ @unschooled 6 Apr
The author discredits themselves by saying the risks (e.g. having a single point of failure) is 'growing.' That risk has always been there.
More notably, with every passing day, hackers are getting closer to the honeypots that exist on the exchanges.
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36 sats \ 0 replies \ @halalmoney 6 Apr
Then: Bitcoin is a speculative bubble. Avoid. I am concerned for you.
Now: Don’t self-custody your Bitcoin. I am concerned for you.
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36 sats \ 0 replies \ @grayruby 6 Apr
Politicians and bankers are here to save us from ourselves and the media is here to tell us why we should let them.
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10 sats \ 0 replies \ @lrm_btc 6 Apr
You could confiscate literally all of my physical possessions, delete all my online accounts, and cut me off from every other human I've ever met, and I would still have access to my Bitcoin, and no one else would.
Also I disagree with the argument that dying with self-custody and no inheritance plan is a bad thing. I think that BTC being lost with death is a beautiful thing.
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