What are the most trusted and secure Bitcoin custodians for a long-term hodler? \ stacker news ~bitcoin

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What are the most trusted and secure Bitcoin custodians for a long-term hodler?

835 sats \ 10 comments \ @Ed_Relight 10 Jan bitcoin

I know, I know, self-custody FTW and everything. However, I'd like to split my stack and have a part of it with a trusted custodian to minimize the possibility of losing it all due to some unforeseen event.

So far, I've heard about unchained.com and casa.io, do you have any thoughts about them? Any other company I should know about?

Btw, I live in EU, so I'd prefer companies that work with EU clients. Any help appreciated!

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11 sats \ 1 reply \ @beorange 10 Jan

There are companies like:

However their products and services are targeted for institutions and bigger businesses. Not sure you will find anything useful with them. As an example Bitgo, has some multisignature (2/3) offerings you can use as a single user and might be interesting if spreading your funds is what you are looking for.

Anyhow, I never used any of those, I only know about them due to some research I did a couple of years ago, so I can't recommend any of the above.

0 sats \ 0 replies \ @Ed_Relight OP 10 Jan

Thanks for the info anyway :)

2 sats \ 4 replies \ @0xbitcoiner 10 Jan

Not your keys, not your coins.

0 sats \ 3 replies \ @Ed_Relight OP 10 Jan

Yes, because nothing ever happens to your keys, your backups and your own frail body.

0 sats \ 2 replies \ @0xbitcoiner 10 Jan

I understand your concerns, but with a little care you can overcome these "problems". Duplicating the backup in different places and having someone you trust who knows how to use the keys will solve your worries.

0 sats \ 1 reply \ @Ed_Relight OP 10 Jan

having someone you trust who knows how to use the keys

That's already a tough combo to have :)

Afaik, having multiple backups for a single-key wallet is inferior to a multi-sig, and if we're going that road and we need to trust someone else anyway, why can't it be a Bitcoin company built to last?

0 sats \ 0 replies \ @0xbitcoiner 10 Jan

Everyone has their own life. I understand that in certain situations it is better to use custody companies. But the way I see it, it will always be the last solution.

1 sat \ 0 replies \ @siggy47 10 Jan

You can trust me. I'll keep it safe. I promise.

0 sats \ 0 replies \ @Lux 10 Jan

If it's not open source, might as well give it to me, I'll custody it for you for a competitive price. Trust me

0 sats \ 0 replies \ @Ge 10 Jan

Biggest scam we all fell for was learning to not hold our own money by trusting the banks with our funds...it's easy that's why look at the return you get here in America it's. 02% low reward/low risk due to them giving money back if account gets hacked...but with btc learn it u won't regret it while it is high risk it's also high reward