It's tough. I knew most hardware wallets were backdoored and still used coldcard because - Bitcoin-only and thought that someone had already done the work and verified seeds are random. Someone probably did verify, but then they changed their RNG algos in 2021 (I had no clue). Massive red flag in hindsight. I am not affected, but it's a terrible way to get rugged for everyone who is. It's been 18 years and we still haven't figured out self-custody, but you still have influencers talking about separating money and state. Delusional. View quoted note →

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Jah 5 days ago
Curious about your mention of monero… My view is that it addresses many of the shortcomings of btc, but at the expense of complexity and, as so, more need for learning (your time is limited so it would impact the other spheres of your life) or trusting (not an option). But even if you put the time to it, ultimately, it will face the same problem of being vulnerable to social attacks, bad choices, and capture, if it gets enough adoption. You have to fix “capturability”, not technology.