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WedgeSocial / Dan Wedge
npub1dgp…ka3a
2024-11-21 04:13:15
in reply to nevent1q…ydz4

WedgeSocial on Nostr: Just my two sats, I am not sering to see the difference between a river / coinbase / ...

Just my two sats,
I am not sering to see the difference between a river / coinbase / cooperate multisig cold storage solution. I would provide examples of Bahrain El Salvador, and Exxon Moblie as examples of larger institutions that have decided to wade into Bitcoin intelligently I feel at this stage to make such an undertaking I don't think the sales pitch at the board meeting was we can just use a bank like all our fiat.

Look at how Meta Planet is rolling out its purchases. Potentially leveraging its coin I don't trust that even with Dylan on board.

I would trust if they came out said they had multi sig and done it internally with safe guards and audits.

I also believe that good utxo management should be practiced by all so there should be no single honey pot to hit, rather a set of time locks or multiple wallets to try and hit.
I mean how are the coke or kfc secrets held? Most definitely not in a single outside custodian.
Author Public Key
npub1dgpt04w4c88wc0g262xaw8zvlm4mvwtmjhl0tn2sxtyjywsn6q4qt8ka3a