btconboard #LNHANCE or #CTV @btconboard #LNHANCE or #CTV - 27d
I think we need more thought around your “grip” on your keys, aka the strength of your backups in these discussions. At one extreme, No backup = no grip, your key could be lost at any time and you couldn’t do anything about it. At the other extreme, A seed phrase in steel (if singlesig) is an ironclad backup. Bitkey is somewhere more towards the seed phrase end, but still a good ways off of it. There are multiple sources of outside dependencies, e.g. on Block and your Apple/google cloud account. Again it’s a great tradeoff for noobs with a modest stack. But it’s important to not gloss over the massive nuance.
