I still don't understand all the fud around this story. I am definitely using multisig, but now go to your parents tell them they have to do it and understand everything in order to not fuck up everything.
It took me some time to be confident with multisig (and I am against Casa or other providers for that, I use social connections to store my keys in different geographic locations).
So definitely as someone who try to explain technical things to people and see all the difficulties people have with unfamiliar concepts, I can see a use case for the service provided by Ledger. I would never use it, but definitely I think it is far better than software wallets.
I agree with NVK, no one knows when something is broken until it breaks. Who would have known that a German airline company would have an airplane crash because of a suicidal pilot?
Same thing for software, until it breaks nobody knows if something is 100% flawless. So my opinion is the initiative is good to onboard users who are not confident enough to manage their own keys. Once confident, I think doing it on our own is better.
By the way I use multiple vendors for multisig, I think only coldcard or ledger is bad, but a combination of multiple wallets is good as it allows us to spread the risk of a device being flawed.
alex /
npub15q…dn8x0
2023-05-25 02:38:40
in reply to nevent1q…rln8
Author Public Key
npub15q54ducvx4l9e9hwpzauz6cvdezjh5q0t7m456mu46sp5wlsh2tqvdn8x0Published at
2023-05-25 02:38:40Event JSON
{
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"pubkey": "a02956f30c357e5c96ee08bbc16b0c6e452bd00f5fb75a6b7caea01a3bf0ba96",
"created_at": 1684982320,
"kind": 1,
"tags": [
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"content": "I still don't understand all the fud around this story. I am definitely using multisig, but now go to your parents tell them they have to do it and understand everything in order to not fuck up everything.\nIt took me some time to be confident with multisig (and I am against Casa or other providers for that, I use social connections to store my keys in different geographic locations).\nSo definitely as someone who try to explain technical things to people and see all the difficulties people have with unfamiliar concepts, I can see a use case for the service provided by Ledger. I would never use it, but definitely I think it is far better than software wallets.\nI agree with NVK, no one knows when something is broken until it breaks. Who would have known that a German airline company would have an airplane crash because of a suicidal pilot?\nSame thing for software, until it breaks nobody knows if something is 100% flawless. So my opinion is the initiative is good to onboard users who are not confident enough to manage their own keys. Once confident, I think doing it on our own is better.\nBy the way I use multiple vendors for multisig, I think only coldcard or ledger is bad, but a combination of multiple wallets is good as it allows us to spread the risk of a device being flawed.",
"sig": "406374c799c7bad7201ef8eb8386cc8ece908359f6b5d5b3109512e54e2e37148f5ed956113dd587e492a874d0ecc93b4f83fc6c526d483306a2611568c40540"
}