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32 sats \ 1 reply \ @Scoresby OP 22 Jul \ parent \ on: OnRamp guy says self-custody is the reason mass adoption hasn't happened bitcoin
What would say is the hardest part about self-custody for someone new to bitcoin? Seed words? Backups? It's scary?
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5 sats \ 0 replies \ @BitcoinHandsOn 23h
  • Every single concept, with self custody bitcoin, is new. From even the idea of digital scarcity, to seed phrases, to the block chain - it's all new. And the explanations/tutorials are out there, but very scattered.
  • Lots of people - the majority, I think - are just very bad with tech. Even just learning new software is a barrier.
The more convinced you are that bitcoin is the answer, the more you're willing to push through barriers, and self custody bitcoin.
But if you're a lot less convinced, it just seems like far too much work and risk.
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