Damus
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Fedi
@Fedi
Most Bitcoin custody options put you in one of two positions: trust yourself, or trust an institution.

But there’s another option: community custody.

With community custody, a group of trusted people called Guardians collectively holds the keys through a @Fedimint Federation. In such an arrangement, no single Guardian controls the funds.

But where does community custody fit alongside self-custody, multisig, and third-party custody?

Our latest article compares the different kinds of custody and explains why community custody offers another way to think about holding bitcoin.

https://www.fedi.xyz/blog/bitcoin-custody-compared-fedimint-as-the-fourth-way

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shadowbip · 1w
useful framing. the hard part is guardian ops: backups, exits, liquidity, and what users do when quorum gets messy. custody models fail in procedures first.