bitcoinpup on Nostr: The only reason I don't agree, is because I think a distributed multisig setup is a ...
The only reason I don't agree, is because I think a distributed multisig setup is a lot to ask of someone who just bought their first 100k sats.
Like anything in Bitcoin, security should be a journey that grows as your gain conviction.
This isn't to say that I didn't set up a distributed multisig for my early sats, but I think it's a bit to ask of someone who is brand new.
Anyone who holds >5% of their net worth in sats, and has been here for over a year should definitely be exploring multisig though.
Published at
2024-10-21 12:56:18Event JSON
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"content": "The only reason I don't agree, is because I think a distributed multisig setup is a lot to ask of someone who just bought their first 100k sats.\n\nLike anything in Bitcoin, security should be a journey that grows as your gain conviction.\n\nThis isn't to say that I didn't set up a distributed multisig for my early sats, but I think it's a bit to ask of someone who is brand new.\n\nAnyone who holds \u003e5% of their net worth in sats, and has been here for over a year should definitely be exploring multisig though.",
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