41 sats \ 1 reply \ @nerd2ninja 31 Mar 2023 \ parent \ on: Stop pushing HWW and complex multisig setup to normies bitcoin
"Hold up let me call my mom. She has the other key."
"Hey mom I'm um trying to buy a possum can you sign this tx for me?"
Possum is a distress word in this example. Mom was told if she got a phone call like that, to call the cops.
Its basically the same thing we got with bank accounts. Get someone else involved who can delay long enough to get law enforcement to resolve the situation.
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25 sats \ 0 replies \ @ek 13 Apr 2023
This so much
I see multisig like this:
  • Even if you want, you can't hand over your keys
  • in case they want you to collect enough keys to sign a tx, there is a chance to get help
  • if they really would kill you (even though they gain nothing from it), multisig or singlesig doesn't matter.
  • if enough people use multisig, attacks on bitcoin people will make less sense because of high risk/low reward
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