SamSnow on nostr

Self-custody doesn't mean trustless. You have to trust yourself to not fuck up. And many users do not trust themselves. If you ask a regular user who can secure their money better, a bank or their ho...

SamSnow @SamSnow 1734172925

I have a question related to this. In the same way you will not tell everyone that you have money on your house, I don't think is a great idea to publicly say you have btc in self custody. So, how do you onboard users close to you (so they know who you are and where you live) and you don't get exposed to being ratted to tax authorities or assaulted?

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FrostByte · 77w

Just don't ever reveal the size of your stack. You can freely teach self-custody best practices without ever revealing you have life-changing wealth.

freemymind 🇨🇭 · 77w

selfcustody does not mean one tries to do shady stuff or avoid taxes. It is about who holds and governs the value.

OgFOMK ArTS · 77w

You don't have your Bitcoin in your home. It's the signing device or key that you control. This is not part of the Bitcoin network. Your key is a signing device or software that you unlock to sign transactions and your public key is used to provide addresses in order to receive payments on the "bl...