✳️ dcposch on daimo
@dcposch.eth
Poll: when is the last time you sent or received Bitcoin to a wallet you control (not just buy&hodl in coinbase)? I asked a group of smart and prolific ethereum developers and all five of them said “never”…
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DK
@dk
yesterday Muun wallet and Electrum
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✳️ dcposch on daimo
@dcposch.eth
Interesting! I’ll check out Muun wallet. You’re the first person with an answer other than “never” or “withdrawing to a storage wallet” What do you use BTC for?
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DK
@dk
exploring new self-custody strategies 😝
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DK
@dk
i’m also considering doing small giveaways on TikTok to get people started with bitcoin, but haven’t really figured out how i want to do it yet
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Aki Balogh
@akibalogh
Put it in a DLC! It’s a Bitcoin escrow that unlocks once a set condition has been met. DM me
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DK
@dk
my understanding of DLCs is that they’re mostly appropriate for conditional payments/escrows. how have you seen them used to improve self-custody?
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Aki Balogh
@akibalogh
Totally right. DLCs let people who are self-custodying use lending & financing apps. Without it, they'd have to send their BTC elsewhere to take a loan (generally to a custodian or an exchange)
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Aki Balogh
@akibalogh
We’re building the ability to use self-custodied BTC in apps on any chain
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