What is Nostr?
dwhite /
npub1myx…mzap
2023-06-27 22:03:19
in reply to nevent1q…z5x7

dwhite on Nostr: >then I withdraw to Phoenix after its like 50k sats or more I agree that self-custody ...

>then I withdraw to Phoenix after its like 50k sats or more

I agree that self-custody is important, but this type of risk management is really all it takes to prevent a disaster.

Having sats in a custodial wallet is the equivalent of walking around with dollar bills. A risk that most people are willing to take, but only to a certain extent.

Keep the amount low, and withdraw if you expect that you won't be sending more any time soon.
Author Public Key
npub1myxefzpycnxm4f0ndk7esp508m00rrzxvh3x443xajkrgyz78vpqtamzap