Casa to soon offer ETH support 🤔 \ stacker news ~bitcoin

Casa to soon offer ETH support 🤔8271513.hs-sites.com/coming-soon-from-casa-enhanced-app-and-eth-support-3

3345 sats \ 53 comments \ @pi 30 Nov 2022 bitcoin

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1027 sats \ 0 replies \ @seantoshi21m 30 Nov 2022

Wow, time to slay another hero. Lopp is gonna take one on the chin for this.

734 sats \ 0 replies \ @tmoney 30 Nov 2022

Complexity is the enemy of security. This is not good.

413 sats \ 0 replies \ @picco 30 Nov 2022

Bear market is brutal hah

425 sats \ 0 replies \ @FatBear 30 Nov 2022

Never take money from shitcoiner VCs.

390 sats \ 0 replies \ @tetsu_tamasi 30 Nov 2022

Their post about diversity few months ago should tell you all you needed to know. This shit was coming.

111 sats \ 1 reply \ @k00b 30 Nov 2022

This is a bummer, but it's also not completely surprising. They probably need to do this to expand their customer base. You saw the same thing at Trezor.

Note to self: don't make your business expensive to run, because you'll begin making sacrifices to feed it.

0 sats \ 0 replies \ @muteness11 1 Dec 2022

great comment, I'm ignorant on Wallet biz but what are the Operational cost of it?

110 sats \ 1 reply \ @Brunswick 30 Nov 2022

Is this for stable coins? I'm confused

274 sats \ 0 replies \ @031ef7d322 30 Nov 2022

Probably a factor, but for now…

Will I be able to store my stablecoins, ERC-20 tokens, or NFTs? - Members will be able to secure only ETH and/or BTC at initial launch. We are taking a thoughtful and strategic approach about what we choose to build, and we are carefully evaluating what aligns with our technology and our privacy and security standards.

101 sats \ 1 reply \ @pi OP 30 Nov 2022

Slippery slope to shitcoinery?

Big things are coming to you from Casa.

Really? 🤥

So many of you have asked for ETH support, and we listened!

318 sats \ 0 replies \ @FatBear 30 Nov 2022

Mostly their shitcoiner board members

372 sats \ 5 replies \ @03dc5d9a6b 30 Nov 2022

I must be psychic. I just made the decision to stop using Casa yesterday, and moved my funds to my hardware wallet.

I feel multisig is just plain unnecessary, and overcomplicates self custody. If you have multiple parties involved, I can see it being useful, but not for single holders.

1 sat \ 0 replies \ @timechain 1 Dec 2022

Idunno, of course it depends on how much you have, but maybe consider just doing your own multisig. Maybe a 2 of 3. Basically every company that can leak customer info will or already has.

1 sat \ 2 replies \ @alexsharp 1 Dec 2022

100% this, one single hardware wallet with a passphrase is all one needs.

255 sats \ 1 reply \ @twentyonereturn 1 Dec 2022 freebie

For me multisig is about preventing a 5$ wrench attack tbh. I don't want to put myself in the situation where I can reveal my passphrase under threat of physical violence so I distributed the keys geographically.

18 sats \ 0 replies \ @alexsharp 1 Dec 2022

Use un-memorable passphrase and store elsewhere, pseudo-multisig without extra costs / signing friction

0 sats \ 0 replies \ @Kaffi 30 Nov 2022

I wonder if it would make sense for a family trust where keys are passed on generationally

118 sats \ 0 replies \ @sommerfeld 30 Nov 2022

I don't understand why you need such big semi-custodian security for ETH.

If your funds get stolen from metamask, you can just plead vitalik and the Ethereum Foundation to roll back the chain.

258 sats \ 3 replies \ @gunson 30 Nov 2022

Really disappointed. I will probably be moving to a more Bitcoin focused service, or moving away from using multisig altogether. Irritated about the hassle and risk of needing to do this

1 sat \ 2 replies \ @nerd2ninja 30 Nov 2022

Sparrow is pretty good for multi-sig

16 sats \ 1 reply \ @gunson 30 Nov 2022

Indeed. I meant specifically when one of the keys is held by a trusted 3rd party as a way to guard against loss. This dramatically reduces my faith in Casa to fulfil this job over the long term

0 sats \ 0 replies \ @Taranis 5 Dec 2022

check out unchained capital if you still seek a trusted 3rd party.

101 sats \ 2 replies \ @orthzar 30 Nov 2022

Every Bitcoin-only company eventually becomes a shitcoin company. The only unknowns are when and whether any Bitcoin influencers will apologize for promoting the company (usually none, because influencers in general have no scruples).

396 sats \ 1 reply \ @031ef7d322 30 Nov 2022

ETH support originally announced Aug 21, 2018: https://mobile.twitter.com/CasaHODL/status/1031912399673155592

It was single sig only IIRC, and lasted less than a year: https://mobile.twitter.com/CasaHODL/status/1162725008118091777

100 sats \ 0 replies \ @orthzar 30 Nov 2022

They did a good job of getting people to forget about that. It's bizarre that they've returned to the pig's trough despite their previous experience.

101 sats \ 0 replies \ @pillar 30 Nov 2022

They made me check if today is April's fools. If they follow through, what a shame...

101 sats \ 3 replies \ @w3irdrobot 30 Nov 2022

is this real? what is this webpage?

307 sats \ 0 replies \ @Tenuki 30 Nov 2022

Also available on twitter https://twitter.com/CasaHODL/status/1597954403994021888

290 sats \ 1 reply \ @pi OP 30 Nov 2022

From their newsletter. Also visible on their website

0 sats \ 0 replies \ @w3irdrobot 30 Nov 2022

yeah i got the email. just didn't know what this landing site was.

100 sats \ 0 replies \ @RandomPleb 30 Nov 2022 freebie

Ever since they quit their lightning node supply they have been making bad business decisions, they want to do minimal coding/work and collect all the fiat.

65 sats \ 0 replies \ @TonyGiorgio 30 Nov 2022

2021: "The investment comes with a board seat for Avon partner Sachin Patodia, Casa CEO Nick Neuman told CoinDesk. Tioga Capital, Castle Island, Cadenza, Champion Hill, Compound VC, Precursor, Lerer Hippeau and Coinbase Ventures also participated in the round"

Well look at that. Accept money from shitcoiners, win shitcoiner prizes.

Fuck these people, use Unchained instead.

11 sats \ 0 replies \ @Tenuki 30 Nov 2022

Yeah fuck casa and their overpriced product...

101 sats \ 0 replies \ @dergigi 1 Dec 2022

Not a good look. Especially considering that they removed old blogposts and other things that stated their "principles."

Focus is important.

Nitter mirrors: A, B

2 sats \ 0 replies \ @iguano 30 Nov 2022

lol

1 sat \ 1 reply \ @TheBTCManual 1 Dec 2022

I would assume that even with the increase in bitcoin ownership and the drive now for self custody as people see the need for it, its still not enough to keep that business model going.

Pity they couldn't pivot into other bitcoin services, like offering lightning node support like Voltage

But I assume that the VCs that arent stillmark want user growth at all cost

0 sats \ 0 replies \ @pi OP 1 Dec 2022

i was so much hoping to see lightning support on that wallet!!

1 sat \ 1 reply \ @BlokchainB 30 Nov 2022

I just don’t understand how anyone can be in board with ETH when they had a FUCKING PREMINE!!!

0 sats \ 0 replies \ @NorthKoreanHostage 1 Dec 2022

It's ok to hit those people.

1 sat \ 0 replies \ @badger 30 Nov 2022

heathens!

1 sat \ 0 replies \ @libertad2cero 30 Nov 2022

WTF?

0 sats \ 0 replies \ @Valley_D0g 28 Dec 2022

🤮🤮🤮

0 sats \ 0 replies \ @premitive1 14 Dec 2022

Bitcoin only business don't make sense for the most part, today. It's going to require years of loss-leading before bitcoin-only makes sense economically.

0 sats \ 0 replies \ @nout 1 Dec 2022

It sounds like they were on track to bankruptcy and think that shitcoining will save them.

0 sats \ 0 replies \ @HardMoney 1 Dec 2022

Casa is probably not a good option for real cold storage solutions (sparrow wallet multisig or unchained for support)

There are some pros:

shitcoiners will have better exposure to bitcoin rails than coinbase, metamask, or other shitcoin casinos
if Casa integrates lighting capabilities, it could help onboard many non-maxi users onto bitcoin ecosystems

Trojan horse to convert users via exposing them to bitcoin and dispelling "lack of innovation" memes

0 sats \ 0 replies \ @cryptocoin 1 Dec 2022

Meanwhile, over on the competitor's Twitter feed:

Going #bitcoin-only was the easiest decision we ever made. It enables us to focus on optimizing the security of your wealth while building great products designed specifically for the bitcoin holder.

We also get to work with the best clients in the world.

https://twitter.com/unchainedcap/status/1597970004867092483 [Nitter]

0 sats \ 0 replies \ @Wil 1 Dec 2022

Never trust anything

0 sats \ 0 replies \ @Ge 30 Nov 2022

Gross..

0 sats \ 1 reply \ @iggydotdev 30 Nov 2022

TBH, I'm really surprised they didn't support the second biggest crypto sooner. I think they've probably missed a BIG opportunity at the beginning of the bear market to get more people to use it.

0 sats \ 0 replies \ @031ef7d322 2 Dec 2022

Quite a few years back they did briefly support ethereum and litecoin, then stopped in 2019.

0 sats \ 0 replies \ @sp 30 Nov 2022

Let's look at the silver lining: all ETHheads adopting Casa will be only one QR code away from stacking bitcoins when the time comes...

0 sats \ 0 replies \ @tetsu_tamasi 30 Nov 2022

Woke shitcoiners. Let them go REKT.

0 sats \ 0 replies \ @8 30 Nov 2022

River.com