Mainstream internet is just broken. Try to listen to music, 5 minutes on an impossible captcha, and then STILL HAVE TO LOGIN BECAUSE IT SUSPECTS IM A BOT. WTF?! You need KYC for listening to music?

GM! You’re never going to retire your bloodline unless you own self custodied Bitcoin and hold the seed phrase yourself.

GM! The Bitkey tradeoffs are perfectly reasonable for a noob with a modest stack. The Bitkey marketing is an attack on Bitcoin. Have a great Friday!

GM! You can just take self custody and hold your own steel backup and instantly be amongst the most sovereign individuals to ever live, but 99.99% are too scared. Wild time to be alive!

I think we need more thought around your “grip” on your keys, aka the strength of your backups in these discussions. At one extreme, No backup = no grip, your key could be lost at any time and you couldn’t do anything about it. At the other extreme, A seed phrase in steel (if singlesig) is an ironclad backup. Bitkey is somewhere more towards the seed phrase end, but still a good ways off of it. There are multiple sources of outside dependencies, e.g. on Block and your Apple/google cloud account. Again it’s a great tradeoff for noobs with a modest stack. But it’s important to not gloss over the massive nuance.

Woke up today and decided to keep my seed phrase. May even go crazy and do it again tomorrow.

Seedless is safer is an attack on Bitcoin. Bitkey makes totally reasonable tradeoffs for noobs with modest stacks. But this is dishonest marketing at best.

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Rabbit Hole Recap • FREEDOM TECH IS HOPE | Rabbit Hole Recap #359 • Listen on Fountain

- ross ulbricht speaks https://primal.net/e/nevent1qqsy2emj5836hau0p29qzlmxtgacv3hkwj8z4zautv3fsxcutyaz54q3z42y7 - square accepting bitcoin - bitco...

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GM! “Seedless is safer” is an attack on Bitcoin

Amidst the “seedless is safer” debacle a point lost on that model is that Block in the last two years they’ve laid off ~2k people, the stock has been flat for almost 8 years, they have a trailing twelve month return on assets below 2%, and thus could present an shareholder activist or acquisition target. Block getting taken out Elon style is a very real possibility people should consider. To be clear they’re profitable so they won’t disappear, but it’s a reasonable concern that someone else owns or controls it in the next several years, especially if Bitcoin takes off and legacy players feel the need to catch up. GN!