yort on Nostr: genuine question does it concern you having a third-party involved in your multi-sig ...
genuine question
does it concern you having a third-party involved in your multi-sig setup, helping hold your sats?
i know that’s the whole point, and i know you maintain control of two out of three keys
but, to me, something always felt a bit off by trusting a third-party with your hard earned generational wealth; as such an organisation could over-time drift, or fall apart, or whatever
i know you can then move your funds, but in the off chance you lose one of your keys, and then company falls apart and your left with only one piece of your setup
obviously a rare / unlikely situation, but it scares me - i could be misunderstanding everything entirely here though, go easy on me lol
does it concern you having a third-party involved in your multi-sig setup, helping hold your sats?
i know that’s the whole point, and i know you maintain control of two out of three keys
but, to me, something always felt a bit off by trusting a third-party with your hard earned generational wealth; as such an organisation could over-time drift, or fall apart, or whatever
i know you can then move your funds, but in the off chance you lose one of your keys, and then company falls apart and your left with only one piece of your setup
obviously a rare / unlikely situation, but it scares me - i could be misunderstanding everything entirely here though, go easy on me lol