๐จ Observing a lot of oversimplification around multisig lately. ๐จ
People confidently explaining setups they've clearly never actually configured _or_ recovered from.
If you've never done a dry-run recovery of your multisig, you haven't tested your backup. Seeds, xpubs, descriptor, derivation paths, key ordering. Add all that to your backup _and test it_ or stay single-sig.
So that's it: multisig isn't hard to understand, it's hard to execute. More moving parts mean more ways your backup fails when you need it.
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h/t @OceanSlim & PV ๐ซ
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Some of the same inflooencers telling plebs to trust coldcard are now recommending multisig.
The entire bitcoin community has a lot of humble pie to eat before recommending anything again, me included. I wasnโt vulnerable in this particular instance but I easily could have been, which is totally inexcusable.