Collab deal of nostr:nprofile1qqsrgyzdaheuckfksqkgxz9r6qys72zh6j46f69hyzkv4a4j4vzfj6gprkucd and @entre.io (which is a privacy maintaining photo storing and sharing site). It's good to see privacy options becoming more available!
RobOK πΈ
RobOK@nostr.technodharma.com
npub1j4cd...xzuf
π #Bitcoin
πΈ photography
ποΈ Formula 1 (F1)
π§ AI
π nostr
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Notes (5)
It was fun last week to meet up with nostr:nprofile1qqsvrejstspd4rgmpfdn6mdkuxdjav3de420p6rrqmkg5gfeq2e32lspz4mhxue69uhhyetvv9ujucm0d9hx7uewd9hszxrhwden5te0wfjkccte9ekk7mt0wd68ytnsd9hxksudk6h andβ© another Bitcoiner and talk Bitcoin and everything elseβ¦ Bitcoin is about connecting with people, building community π. Grateful for the people I have met through Bitcoin!
# Bitcoin Custody Options (not exhaustive list)
Here are the main ways to custody bitcoin, from least to most self-sovereign:
- **Centralized Exchange** - Shared custody wallets (Coinbase, Kraken). Some like River and Swan* allow buying/holding but not deposits
- **Mobile Custody Apps** - Strike, Fold (simplified centralized custody) - for small amounts
- ** Mobile Bitcoin or lightning Wallets ** - good for small to medium amounts
- **Single-Signature Hardware** - Trezor, ColdCard (the word βwalletβ is not right, these are transaction signers)
- **Self-Managed Multi-Signature** - 2-of-3 setup using Sparrow and hardware signers
- **Assisted (or Collaborative) Multi-Signature** β Companies like Unchained, Casa, or Swan hold 1 key, you control 2-4 keys plus backups
- **Multi-party, Multi-Signature** β All keys held by separate companies (like Onramp). Requires identity verification (video) to sign transactions
- **Bitcoin ETF** - This is in essence having a third party hold bitcoin for you. Self Custody is better, but this is an option that is better than fiat
**Important Considerations**
- Security (physical, digital, social engineering)
- Access & Recovery
- Counterparty Risk
- Estate Planning

3 so far 10,000 BTC moves on chain today!!! Wowsa!!!