Very cool I really like the idea of social recovery and I think its one that needs to be explored more especially in 3rd world countries, because its an established way of using money here.
Many people trust one family member, to have a bank account and they handle the funds, or if you're a bigger savings group it could be a community leader, and local banks even cater to it you get a special account called a stokvel for group savings
Seeing stuff like this really excites me about the possibilities for bitcoin to go into markets that have so long been underserviced and unlock that savings, labour, ideas and potential
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Looks impressive, seems like hundreds of new features are coming to bitcoin wallets.
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Right? Seems to just be an explosion of custody solutions coming out lately.
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And lightning nodes in your phone or browser, and splicing, and e-cash mints, and e-cash federations, and assisted multisigs with inheretence, and decaying multisig with social recovery, and timelocks, and nostr integrations and unified QR codes, and various degrees of gamification, stable sats or dollar support, lending and customer service teams......
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Smart Vaults is creating the world's largest Bitcoin multisig with people like you.
That's a heck of thing. It reminds me of @supertestnet's bitpac but (possibly) without nostr.
Participants get push notifications of spending proposals, approvals, and finalized transactions - keeping them informed and enabling them to promptly take action when required.
This sounds plain fun! refuses to sign every time greg tries to buy something
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like nunchuk on steroids, but using Nostr instead of Matrix for co-signers orchestration?
very interesting 🤔
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