Bitkey will take over similarly to how the iphone took over smartphones

for context the previous panel was shitting on bitkey

NYKNYC View quoted note →

That’s going to be legendary, Adam Back talking about Bitcoin’s ultimate defense? Count me in.

Collaborative custodians sound promising. Multi-sig for self-custodial treasury companies instead of “just trust us, Bro”. View quoted note →

Single Sig with Passphrase or Shamir secret through Trezor gives individuals high security without having the complexity of MultiSig.

😂

Good interview! Nothing is ever 100% safe, but you just do the best you can. Single sig for most people is enough. There is usually a weak link at fault, like storing keys unsafely, etc. Weak links like when many homes in the Pacific Palisades had extremely heavy expensive fire proof safes that were built to withstand fires. They just never expected massive inferno type apocalypse level fires destroying every thing in sight. Most of the safes didn't save what was in side of them. Gold and other metals melted into piles of blobs. Paper files were entirely gone.

yea that cali fire is a perfect example why redundant backups in different locations is incredibly important

WELL DONE YALL 👏👏👏

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