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5 sats \ 0 replies \ @LibreLoya 31 Jan 2022
The only way for NgU to work is for people to hold their keys.
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5 sats \ 0 replies \ @cryptocoin 31 Jan 2022
Example of what gets GhostofStoney worked up:
Celsius now holds over 135,000 $BTC
#9304
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2 sats \ 12 replies \ @thrown 31 Jan 2022
Knowing my luck, it would be a far greater risk for me to hold it myself. Too many opportunities to fuck up lol
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0 sats \ 11 replies \ @cointastical OP 31 Jan 2022
You can lead a horse to water, ...
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5 sats \ 10 replies \ @thrown 31 Jan 2022
you can give a horse a keypair, but you can’t make them not lose it…
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0 sats \ 9 replies \ @cointastical OP 31 Jan 2022
ngmi
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2 sats \ 8 replies \ @thrown 31 Jan 2022
bitcoiners be like if you don’t have your own ISP, solar electrical grid, well water, butcher barn, and 5 acres of crops… ngmi
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1 sat \ 7 replies \ @cointastical OP 31 Jan 2022
I use a number of custodial services. For example, my SN wallet is custodial.
If the amount in it exceeded $10 or whatever, I might transfer most of that balance to something that isn't as easily compromised (e.g., get my twitter account, you got my SN balance ... by simply logging in to SN using it and withdrawing).
I use BlueWallet as my LN wallet. I might have a balance up to $50 or $100 there, before I might transfer to something that isn't as risky to carry around.
But for stacking larger amounts, there's no way I'm letting Kraken, or whomever, sit on those. Do I trust Kraken? More than I do most other exchanges, for example, but an exchange is not the right place for holding my bitcoin.
ColdCard, or some other hardware wallet (with secure seed storage) is the right method -- at least for any amounts I might wish to secure. And for larger amounts, there are vault methods with multisig and such.
There's literally no good reason to leave funds on an exchange beyond what's going to be used for trading in the immediate term (e.g., number of hours, or maybe a few days).
And there's sooooo much history proving to us that leaving bitcoin with a custodian, or lending it out, or leveraging it, ... are great ways to reduce your bitcoin holdings down to near zero.
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0 sats \ 0 replies \ @cointastical OP 2 Feb 2022
This has good info:
https://notyourkeys.org
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0 sats \ 3 replies \ @cointastical OP 2 Feb 2022
It's a simple rule.
Not your keys? Not your bitcoin
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0 sats \ 2 replies \ @cointastical OP 15 Feb 2022
The Canadian bank account confiscations have got Stoney repeating himself:
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0 sats \ 1 reply \ @cointastical OP 19 Feb 2022
Stated a bit more diplomatically, ...
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0 sats \ 0 replies \ @cointastical OP 19 Feb 2022
For those in the back who might not have heard Stoney earlier:
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