Dan Romero
@dwr.eth
When I hear someone say "get your coins off exchanges so no one can take it away from you": https://i.imgur.com/SnNPomS.png
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Dan Romero
@dwr.eth
Self-custody prevents remote seizure, but does not solve for physical seizure. Any world where you are worried about remote seizure, the risk of physical seizure will likely increase as well.
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Greg
@greg
Agree, but the wrench attack applies to funds held on exchanges too! Both risk wrench attack Exchange risks collapse Self custody risks losing keys Choose your battle I guess 😅
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Nelson
@nelsonmckey
Passphrases are so underrated.
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Ash
@ashutosh
> Any world where you are worried about remote seizure, the risk of physical seizure will likely increase as well That's not...quite true? Unless you are targeted by a state-backed attacker?
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Jesse Eckel
@jesseeckel
I’d love to see better multi-sig vaults. Different signer types like, delay functions, sub vaults.
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Fastackl.eth
@fast
Banks or CEXs aren’t going to save u. Where I grew up baddies just kidnap loved ones and tell you maybe they’ll return them alive if you withdraw all your cash into a suitcase and give it to them. Drop offs are also dangerous. At least with pks you can act fast and transact remotely. And not worry any bank collapse
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Rohit Kulshreshtha
@rohit
Doesn’t cover the case where the exchange goes bankrupt.
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Luke
@lukef
“How’d they finally get to you?” “In the end, they gave me a Grasshopper” https://m.youtube.com/watch?v=hghczTVgav0
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↑ j4ck 🥶 icebreaker.xyz ↑
@j4ck.eth
the ole hammer attack
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Nickolas
@franceschina.eth
multisig / shamir secret
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wake
@wake
With the right drugs, you don't even need the wrench. Just putting that out there in case anyone wants to show me a good time.
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