Oddbean new post about | logout
 Listened to a nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech pod recently with nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en and was astonished that a lot of people opt for custodial. Ok here come the rant…

It’s really not that hard:

1. Your seed phrase is a random number unguessable by any computer in your lifespan.


2. As long as you don’t give that seed phrase to anyone your money can never be taken no matter what anyone says.

3. (More nuanced) if you store that random number in a hardware wallet and someone can’t access it physically 1+2 provides you the greatest property rights any human has ever known.