"When compared to gold, real estate, stocks, bonds or "fine art" that act as stores of value for many individuals, bitcoin that is held in a multisig wallet is an obvious step-function improvement in many regards." - Marty Bent
Reading another short Bent from Marty on multisig and how its fundamentally a powerful tool for Bitcoin that isn't shared with any physical store of value. Guy gets into the concept of "deep" vs "shallow" protection in his take following the piece and how Bitcoin represents an order of magnitude improvement over the security & preservation of value. We should remember to tout multisig with more enthusiasm, its not "just another feature."
Check out the original and subscribe to Marty's Bent at the link below:
https://tftc.io/martys-bent/issue-848/
The tweet that inspired it all:
https://twitter.com/AdamTzag/status/1318244929592807425
For a multisig savings, don't forget to check out HexaWallet and their Savings account, multi-key setup, and clever key splitting backup system. Check out the beta wallet and feel free to ask any questions & add me as a contact!
hexawallet.io
“Taproot will unlock a new range of possibilities for Bitcoin, improving privacy and expanding smart contract possibilities” The code has been merged, the client...
Fiat money has a collection of malincentives and consequences for the degrading and rotting of society. As we covered in the first part of...
I was lucky enough to get the opportunity at the Bitcoin 2019 Conference to sit down with Alex Adelman, the CEO of Lolli, and...