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Three Hardware Wallets That Scream Bitcoin. Twenty Backups That Don't.

Three Hardware Wallets That Scream Bitcoin. Twenty Backups That Don't.

btcpavao ⚔
@btcpavao·1.5K followers
·19 min read

2-of-3 multisig vs. 2-of-20 singlesig. The economics of Bitcoin self-custody, privacy, and why we've made a simple problem so complicated. At some point Bitcoin self-custody turned into a hardware

2-of-3 multisig vs. 2-of-20 singlesig. The economics of Bitcoin self-custody, privacy, and why we've made a simple problem so complicated. At some point Bitcoin self-custody turned into a hardware shopping hobby. Buy a hardware wallet. Write down twenty-four words. Hide them somewhere. Worried about losing the device? Buy another one. Worried about trusting one manufacturer? Buy a third, preferably from someone else. Now configure 2-of-3 multisig, back up three seeds, preserve your wallet descri

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