"we don't need compromises and we don't need trade offs" When it comes to Bitcoin, there entire field is made up of compromises and tradeoffs because it is the real world barging into cyberspace. In the rest of the digital world, the sentiment is accurate. But calling it engineering is a stretch.

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It's the same set of compromises and tradeoffs that govern how you secure your private key on a hardware device in the real world. You are only sovereign over that key insofar as you can physically defend it. And that's never a sure thing even if you're the king of the world.