Dan Romero pfp
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 pfp
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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nir.eth pfp
nir.eth
@nir
AA, Multisigs, and timelocks solve this. Putting a gun to my head today wouldn’t be enough to get a large majority of my self-custodied assets Would need to take me hostage to really get it, with a delay and a sophisticated op. Feels like any of the big exchanges are more likely to get hacked than that
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Dan Romero pfp
Dan Romero
@dwr.eth
What if they throw you in jail until you give it up?
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nir.eth pfp
nir.eth
@nir
Number of people who can do that is way smaller than $5 wrench owners and even exchange hackers Nothing is permanently secure, it’s a numbers game
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