CTV is a prerequisite to vaults but does not alone enable ergonomic vaults.
Vaults are not a threat to bitcoiners. Governments cannot mandate the spending conditions of your self-custodial bitcoin. This is because your wallet software specifies the locking conditions for a UTXO when it creates the receive address. If you use self-sovereign wallet software (you should) then you are not vulnerable to malicious spending conditions injected into your wallet addresses.
If your argument is that governments can force you to use a particular wallet with malicious spending conditions, this is already possible with multisig. It doesn't happen in practice because governments don't need to do that much work. It is FAR easier to push people into custodial systems. Coinbase, Microstrategy, and bitcoin ETFs are the actual attack on bitcoin self-custody, not CTV.
CTV is an extremely useful tool to have in the toolbox. It is safe and brings amazing capabilities to bitcoin script. Quite frankly, we should have activated it on mainnet years ago. The best time to plant a tree is 100 years ago but the second best time is right now.
Let's activate this thing already.
vnprc
npub16v…umhgd
2025-05-21 15:11:07
in reply to nevent1q…mgf4
Author Public Key
npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgdPublished at
2025-05-21 15:11:07Event JSON
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"created_at": 1747840267,
"kind": 1,
"tags": [
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"content": "CTV is a prerequisite to vaults but does not alone enable ergonomic vaults.\n\nVaults are not a threat to bitcoiners. Governments cannot mandate the spending conditions of your self-custodial bitcoin. This is because your wallet software specifies the locking conditions for a UTXO when it creates the receive address. If you use self-sovereign wallet software (you should) then you are not vulnerable to malicious spending conditions injected into your wallet addresses.\n\nIf your argument is that governments can force you to use a particular wallet with malicious spending conditions, this is already possible with multisig. It doesn't happen in practice because governments don't need to do that much work. It is FAR easier to push people into custodial systems. Coinbase, Microstrategy, and bitcoin ETFs are the actual attack on bitcoin self-custody, not CTV.\n\nCTV is an extremely useful tool to have in the toolbox. It is safe and brings amazing capabilities to bitcoin script. Quite frankly, we should have activated it on mainnet years ago. The best time to plant a tree is 100 years ago but the second best time is right now.\n\nLet's activate this thing already.",
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}