Why Nostr? What is Njump?
2024-06-08 00:28:25
in reply to

martijnw on Nostr: I did use Bing to rewrite yes. Problem is that many people follow false prophets like ...

I did use Bing to rewrite yes. Problem is that many people follow false prophets like Michael Saylor. "There is NO SECOND BEST, cyber hornets bla bla bla" then once the Ethereum ETF is announced he proclaims "there is a second best." people tend to screw up and by protecting their assets on a wallet level, as opposed to the protocol level with multisig, these problems are mitigated. In addition, the hardware wallet guides them through the process of restoring, much easier for most than setting up a multisig transaction.

I only advice people on bitcoin and would not even poke anything else with a stick and help them to securely store their bitcoin, Shamir is a good way to do that.

The other wallets I don't even want to try, I've had some less than optional experiences with wallets in the past, dodgy hardware security, not so random RNGs, etc. so stick to what I know is good, especially since wallets for HODLing are supposed to be boring. I would for example never, ever purchase or advice people to use a ledger, no matter how pretty those new, stackable models look with their eink display, I just don't trust them.
Author Public Key
npub1e5j7w6m2zude5qdpv63hmtnay9lqen2h876nyp72d4xss27acczsr30492