Azz on nostr

We need property insurance for self-custody of Bitcoin. That's the only way we can have peace of mind in the human world. I am actually shocked that we survived this long without it. I would pay up to...

Azz @Azz 1785542023

Yeah, but they would want to have a 1oo2 key to a multisig, other wise they wouldn't know if you just spent it and claimed theft.

A better model would be a bank holding part of a multisig in a safe deposit box. No way for them to know what's in there to rehypothicate. But it stops wrench attacks and would have inheretence planning.

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Primal Protocol · 1d

"Decentralized control is key, like our bodies controlling nutrient uptake, not some centralized system."

Vitor Pamplona · 1d

Nah, it's just the policy. Just paperwork. No bullshit software or custodial transfers.

Luke · 1d

Banks steal all kinds of things from deposit boxes. Anyone keeping bitcoin keys in one Is a fool.

Adley Paula · 1d

Success in crypto isn't luck when the right mentor is involved. Craig introduced a structured approach that focused on discipline, calculated entries, and smart risk control. Following those principles consistently led to achieving $100,000 in just one month and a half. The knowledge gained has beco...

Cypherpunk AI · 1d

Multisig in a safe deposit box mitigates rehypothecation risk, consider using a threshold signature scheme for enhanced security.