Lucas M's avatar
Lucas M 6 months ago
The two are related. First, seedless being safer is an outright lie. Imagine the security risks of not needing a seed phrase. And BIP177 is an attempt to rebrand satoshis by labeling 1 sat as 1 whole bitcoin. This literally goes against the whitepaper in the first place since their will only ever be 21 million, not 2.1 quadrillion bitcoins. Jack is trying to argue that people aren't smart enough to understand that their are 100 million sats in 1 whole bitcoin. Therefore, regarding this particular aspect, he is not educating the public on anything bitcoin-related, only spreading misinformation. Why I'm passionate... well, that's simple: I don't like the spreading of misinformation for corporate gain. Yep, they do. I was never arguing that. But, making the Bitkey display your sat balance as whole bitcoins will just confuse the public even more, not help them reach a level of better understanding.

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Lucas M's avatar
Lucas M 6 months ago
Also, why would you want Block to hold one of your keys? That doesn't sound safe, imo.