Is a Single Signature Hot Wallet a Good Idea?

Jameson Lopp is a technologist who has been involved in the bitcoin space for over 10 years. He has worked at bitcoin companies, created and contributed to several educational resources, and co-founded Casa, a service which helps customers self-custody their bitcoin. Jameson recently hit me up, asking if I'd be interested in a discussion about 'bitcoin covenants'. While I tend to focus more on the 'personal', 'cultural', or 'philosophical' aspects and implications of bitcoin, I am still quite interested in what's happening in the technical department, and even more so about how different people think about the appropriate approach or process to making upgrades to bitcoin. It seemed to be like Jameson would be a great person to have this discussion with, and I was interested in hearing more about his background generally, so we set it up. Enjoy! --- More from Lopp: TWITTER: https://twitter.com/lopp WEBSITE: https://www.lopp.net More from me: TWITTER: http://bit.ly/2P7PUjA YOUTUBE: https://bit.ly/3aBbZxg MEDIUM: http://bit.ly/2Zk0Dex SUBSTACK: Money Messiah VIDA: https://vida.page/johnkvallis To buy Bitcoin in the US with zero-fees, purchase hosted mining rigs, and access their Lightning Services platform for developers, visit River.com Once you buy bitcoin, taking custody of it is extremely important, if you want to maximize the benefit of this unique asset. The Coldcard hardware wallet is one of the most popular and trusted devices for doing just that. Buy one, and learn more about the great features of this wallet, as well as all their other awesome products, at coinkite.com The Bitcoin 2023 Conference is going down May 18-20 in Miami. Use the promo code 'VALLIS' for 10% off the biggest bitcoin conference in history! See you there!