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101 sats \ 2 replies \ @kepford 25 Oct \ parent \ on: What are the reasons for not using a multisignature setup? bitcoin_beginners
Which aligns with level of wealth doesn't it.
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0 sats \ 1 reply \ @kruw 25 Oct
Sort of. I would use multisig if I had over 1 BTC, but 1 BTC doesn't buy you even one decent property of the required 3 properties.
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0 sats \ 0 replies \ @02a9a61fdc 6 Nov
You don´t necessarily need three properties. Geographical distribution could also look like this:
  • one key in your desk
  • one key burried in the backyard
  • one key at your sisters house
Technically this is geographically distributed, and still better than all keys in the same drawer.
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