Oddbean new post about | logout
 How to make unconfiscatable money confiscatable.
 https://image.nostr.build/1241a525aa7ca8e4a9d04b14ca3bfe5a712e2f6bad73e364b3970e68c82e536a.jpg 
 People will opt into this too, because they don’t trust themselves. 
 bitkey seems like a much better option for people that don't trust themselves. form factor of the bitkey also 100x better than a damn ledger. 
 I know very little about how it works. Can it be accessed without their software? 
 i don't think so, but they have a worse case scenario where you can sideload the app in case it gets taken down from app stores. there's no way for them to access your private keys like ledger though.

https://bitkey.build/content/files/2023/11/Bitkey-Recovery-Features.pdf

https://i.nostr.build/KPTjiLBXlBev4ikn.png 
 The Ledger private key storage is fully optional though, and you have a standard format seed phrase that can be moved anywhere.

Sometimes it seems like in the quest to make everything simpler it gets paradoxically more complicated. 
 Agree if you don’t trust yourself bitkey or casa 2 of 3 are good options that are hard to fuck up even as a noob 
 Insanity. Anyone using this is retarded. Even keeping BTC on an centralized exchange in a safer jurisdiction sounds better. 
 Worth remembering. 

They can and will abuse this. 

nostr:nevent1qqst2wfsdl7058wp0es23twlm2s7jhmng5fjzdv790669dnqjcpj2aspz9mhxue69uhkummnw3ezuamfdejj7q3qhklphk7fkfdgmzwclkhshcdqmnvr0wkfdy04j7yjjqa9lhvxuflsxpqqqqqqz5phe4e 
 Horrible.  A total shit wallet. 
 What can go wrong, will... 
 #seedsigner multisig multivendor 

**Read the self custody guide**
https://seedsigner.com/seedsigner-independent-custody-guide/

#btc #hodl #bitcoinstr 
 Glad I’m no longer using Ledger :) 
 yup, it's a trap. Ever since the update became public, I have ditched my Ledger (that was previously lost in a boating accident) and replaced it with something else (that has since been lost in a boating accident as well) 
 You could use ledger but not ledger recover, even better, don’t use ledger. Lots of better options.