don’t store your keys in only your head folks https://i.nostr.build/kzG3.jpg
Who is this bozo?
Jimmy Wales
Sounds like a bozo.
I think most normal people should have a “bank” custody their sats. But self custody is an option for those of us who want it. Everyone wins
Do you understand what banks do? The first thing is creating another 200M BTC IOUs. Because normies don't care you will feel the pain no matter if you self-custody or not.
I understand banks and bitcoin. Bitcoin, as it is today, is way too complex for normal people.
Getting poorer has always been easy for normal people as the system make them poorer and the normal people have no way to fight that. Fighting to not get poorer is not as easy as doing nothing but it's possible by everyone and it's getting easier with each new innovation and growing adoption. Everyone has a different difficulty level they are willing to accept to get out of it. Once it's reach for a majorty, thing will go very fast.
Normal people who let someone else custody their sats have no sats.
You and I understand this. But I’d argue most people would read this sentence and have no idea what the hell you’re talking about. We need to make Bitcoin easier so the “bank” is self custody.
Well I’m really glad you brought this up wasn’t easy memorizing it
I lost my entire net worth to inflation. No, actually, that didn’t happen, because bitcoin works and banks do not.
Don't be completely delusional to think money in the bank is even yours.
Bitkey shill?
My first wallet I wrote down the words on a 3x5 card. Played around for a few months, moving sats, removing the app, reinstalling and the like. When I went to set up a new computer, I could not find the card. I could still log into the wallet, so I set up a new one, then moved everything out of the old one I don't have the keys for anymore. I can see why this scares people, it was only just over 1,000 sats, but still scary.
lol this guy says Bitcoin doesn't work because he's an idiot. Case closed #tardstr nostr:nevent1qqs8n2my3ak3gz5yxt97ayr8en58r9med9tegectqnxvvrmxrcvn6qqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqvhpsfmr23gwhv795lgjc8uw0v44z3pe4sg2vlh08k0an3wx3cj9qvzqqqqqqyfas4r5
Looks like he’s the perfect user of the new bitkey 😬 nostr:note17xfvpy7a84x0wymt63y7jspu2unhxxnn9rk90zzn3jrgdj8uu97sk59zsh
bait
Your post is making waves. Added to the https://nostraco.in/hot feed
these are getting too common now, definitely starting a bullish trend
There was a run on my bank and I lost my entire net worth. Real life story. Banks don't work for anyone except the feudal/financial lords.
I have a friend that prints his Bitcoin on paper barcodes.
Do we have a link? I’m off twitter but I still want to check the source.
[citation needed]
#Bitcoin works, his head doesn't. Smart man write it down, stupid don't. nostr:note10x4kfrmdzs9ggvkta6gx0n8gwxthj62hj3nskpxvcc8kv8se85qqevrznq
pathetic
Because no one has ever lost their net worth in a bank? 🙄