Don't trust, verify

I need orientation in my ignorance and ungovernence....lol

Good enough is better than the best despot.

I wish you could say that universally, but that's just not practical. Think about a 10 year old or an 80 year old. Do you really trust them to not lose their keys? Competence is ideal, of course, but my experience tells me that self-custody is not something most people will do, and maybe even can do.

💜🫂

A 10 yr old you trust with a small amount, that can be lost. Most 80 yr-olds will need trusted assistance, but still could self custody their savings, even if it's just a piece of paper. Today we probably don't have good enough schemes for that, but we should create them.

Saying 100% of your stash should be self custodied is like saying this: You should have no home fire insurance. Because that insurance company may go bust. Instead, you should be competent enough to ensure no fire ever starts in your house.