I'm sending my stash straight to Michael Saylor. He's much cleverer than me. He'll know what to do with it.

Bitcoin was created to avoid relying on financial institutions which consistently violate the trust placed into them. Bitcoiners have turned hardware wallet manufacturers into the new banks for the new money, in this case the trust in the hardware was violated and your solution is to go back to custodians? Missing the point entirely. But I can understand why, you do you.

Yeah, because coins are lost primarily through failures of self custody, such as this one. See Also the people like the poor dude in England with billions in the dump. Until self custody risk is solved, hello institutions with layers of security, customer service reps, insurance, and mainstream reputations to protect.

But one can say that about protecting anything. Burying cash in a jar in the backyard is probably a little safer than hiding it under the mattress. Most people have judged that it’s probably a little safer to keep cash in banks, or a variety of banks, that have FDIC insurance, than the yard or the mattress. It’s a range of risks along which we make the most rational choices. Cold Card’s failure informed that range of choices. I, for one, am more comfortable with a variety of ETFs than I am a variety of gadgets and their firmware changes. If a more convincing option comes along, I’ll pick it.