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372 sats \ 5 replies \ @03dc5d9a6b 30 Nov 2022 \ on: Casa to soon offer ETH support 🤔 bitcoin
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.
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.
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100% this, one single hardware wallet with a passphrase is all one needs.
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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.
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Use un-memorable passphrase and store elsewhere, pseudo-multisig without extra costs / signing friction
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I wonder if it would make sense for a family trust where keys are passed on generationally
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