Most normal people prefer to outsource security anyway. That's why banks exist. Self custody is for control-freak weirdos only. Always will be.

You mean like FTX?

It's maybe the most damaging thing that's happened. But it's not like there's no lesson to learn and it's now a lost cause... It's crystallised the right way to set up a wallet. I think K.I.S.S. comes to mind for wallet design and trust too. ###Do not generate a key with software. IF people use an...

I was thinking that earlier today, but now I'm not totally sure. Once you really get that money in banks and money on exchanges aren't actually yours, something like this just sends you deeper down the rabbit hole.

It definitely hurts; but, self-custody has always required normal people to stop being normal at some level. IMO, we (the bitcoin community) have been a little too eager to spread adoption... e.g. just do what you can to get normies to start using now; properly explain trade-offs later (if ever). ...

Almost like it was planned to get people on board with the new Mark of the Beast digital surveillance currency that they want to force on everyone. If it wasn't planned, the globalist tyrants will still seize the opportunity to scare people into accepting this new Mark of the Beast infrastructure.

"Let's just trust the 2008 people and their magic money again" isn't a viable solution