
Nick Neuman (Casa) on Self-Custody
Galaxy Brains
How to Be Self-Custy With Your Bitcoin
With a multi-sig setup, you have other redundancies. Like if I lose break or lose access to my hardware wallet, then I still have the key stored in my phone's secure enclave. It helps mitigate some of that. And what we always say is it removes single points of failure. So you just have a much more resilient setup and it now takes multiple things to fail for you to lose your money. That's pretty difficult to do. People can make a lot of mistakes, but it's pretty hard to lose multiple keys at the same time unless you have really not set something up correctly. Yeah. Why should people be self-custy with their Bitcoin? Because
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