“If you think of River or Gemini or Coinbase or whatever, think of all of those as silos and how people custody Bitcoin.
If some sort of compromise were to come into the Bitcoin ecosystem at the private key generation level, that could create an incident that could set Bitcoin back by 10 or more years because it would be almost indistinguishable from a protocol compromise and that we would be talking about Bitcoin being hacked again and not individual custodians being hacked.
So I think we need to decentralise how people do Bitcoin custody as much as possible and what better way by leveraging private freedom preserving open source software.”
- Seed
Listen to Chat_167 - Why Your Keys Matter with sesi_the_man (nprofile…0qj5) on Bitcoin Audible with TheGuySwann (npub1h8n…rpev) available on all major platforms:
🔗 Fountain: https://fountain.fm/episode/afPM32LwtbzpLcqnJXdT
🔗 YouTube: https://youtu.be/Tc_Pw1eYSP4
🔗 Rumble: https://rumble.com/v79tuv2-chat-167-why-your-keys-matter-with-seed.html
