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10 sats \ 3 replies \ @Rothbardian_fanatic 5 Nov 2024 \ on: Strike releases auto-withdrawals bitcoin
Just askin' for a friend.
Who, in their right mind, would allow any organization to auto-withdrawal anything?
I begs the question of those, known as mistake prone, organizations making off with your BTC.
Personally, I would not even consider it.
What’s the difference between entering your address now and withdraw later or enter address during withdrawal?
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I was speaking to auto-withdrawls. Giving them permission to take an amount out of your account every interval.
What happens when they take too much out?
What happens if they get hacked?
Then your information is everywhere for everybody.
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I was also speaking about auto-withdrawals since the only difference is that you don’t have to press a button to trigger a withdrawal. Your concerns are valid but are unrelated to automated withdrawals. They sound more like concerns over custodians.
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