I’ve recommended BitKey to a few friends and family. I’ve gotten surprisingly good questions about social recovery from a nontechnical friend:
“Who am I trusting here? Can my coins be seized by the government?”
I pointed to the whitepaper which names Google Drive, iCloud key-value-store and Block’s servers. But what’s a plain english version to explain the trust model in this case?
tank / Tankred Hase
npub1xy…xn6n2
2024-12-24 08:28:33
in reply to nevent1q…4dpm
Author Public Key
npub1xyd5ja34s4nk0l6urnh69wx9ep6uuxz2ujrkm2f8n6pfhgqa6y5s2xn6n2Published at
2024-12-24 08:28:33Event JSON
{
"id": "9c29ea89a8224aa9dface0b2c6a4f609845e6d0c3741c86fe0b8b552ef67e3ad",
"pubkey": "311b497635856767ff5c1cefa2b8c5c875ce184ae4876da9279e829ba01dd129",
"created_at": 1735028913,
"kind": 1,
"tags": [
[
"e",
"8ab5509a958c35349f4ea3b848e2a7a4aeadd532ff06dfde01fdc6390ed12dfa",
"",
"root"
],
[
"p",
"e20f8a383ac5e15366101c1608ee4f33fa8b2d79250ceb2b5a8abaa4394a6e7c"
]
],
"content": "I’ve recommended BitKey to a few friends and family. I’ve gotten surprisingly good questions about social recovery from a nontechnical friend:\n\n“Who am I trusting here? Can my coins be seized by the government?”\n\nI pointed to the whitepaper which names Google Drive, iCloud key-value-store and Block’s servers. But what’s a plain english version to explain the trust model in this case?",
"sig": "2bed510b127b988ad51cc79230f4910d2c8898b16fadc9f8d2603eed4201a28f2f0630255e553481eae49a83445e4f6b914ed3f4d19ee5ef7bdbfe486a16fffd"
}