What are your thoughts on the Bitkey self-custody wallet by Block, is it a safe way to save your bitcoin/sats in the long run?
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What are your thoughts on the Bitkey self-custody wallet by Block, is it a safe way to save your bitcoin/sats in the long run?
Absolutely! It’s pretty great. It’s a proper middle ground on security that doesn’t compromise on security, which is a big deal.
Their main monetization angle is if you lose your hardware wallet or your phone and need another key out of 3. I love it, and that attitude of 100% no help has run its course imo. We need to make self custody friendly for the grandmas
Hybrid self-custody is important. The fact Bitkey is partnered with Cashapp and Coinbase is great, because it makes the BTC/USD pair more frictionless. Anything that brings more people to hold their keys, wether that's 1/1 or 2/3.