bitcoin might be invincible but as holders, we are not when it comes to bitcoin backed loans, the borrowers with the most peace of mind are the ones who left themselves room. Lower LTV, extra collateral ready, no panic when the price drops Full conversation on First Principles 👇
specifically, multisig in multi-institution custody 😉
"Every holder who stayed six years or longer beat JPMorgan’s base case." "Even from the worst possible starting day for a ten-year hold, bitcoin compounded at 42% a year" Don't miss the weekly roundup from @BackslashBTC 👇 https://t.co/aM1r61vH3O
If you're trying to figure out a bitcoin inheritance plan that you can have confidence in, take a look at how easy it is with Onramp. Feel free to DM me or schedule a time to chat, and we can explain how it works.
in case you missed it last week--really interesting analysis here from @BackslashBTC 👇 "In act one, the scarce asset runs. In act two, policymakers fight back with those tools, and it works for a while. In act three, the cost of the fight runs into the size of the debt. Policy reverses, and the asset reprices higher than before."
it's incredibly bullish that bitcoin has held up this well through the first supply chain attack on a hardware wallet and the most popular HWW at that Bull Market Confirmed @macrojack21 you can get your hopes up, it's happening https://t.co/m3SJQrkrWE
at first, it's hard to see what Multi-Institution Custody solves for, why it exists as hardware wallets continue to be hacked, exchanges are hacked price rises and physical attacks increase AI enabled attacks increase we get older and need to have a rock solid inheritance plan all roads point to a solution which truly eliminates single points of failure that's Multi-Institution Custody with Multi-Institution Custody, three institutions protect your bitcoin. No one of them can lose it, move it, or use it, and nothing moves without your permission. try it now, and use code HOME for our lowest rate ever $100/month for your first year
this is a REALLY good discussion about custody tradeoffs and the game theory involved, insurance, self-custody - they're still going strong - come on in
Multi-Institution Custody offers a third way to hold bitcoin with all of the hardware wallet hacks, you don't need to give up and send it all back to a custodian with Multi-Institution Custody, three separate entities each hold one key in a 2 of 3 multisig your bitcoin is owned by you and controlled by you this is multi-vendor multisig but it's out of the box, and there's no technical burden to set it up or maintain it keys are institutional grade, 100% offline, sharded, & geographically distributed and you can still hold bitcoin in self-custody too, but you don't have to hold all of it by yourself anymore
🎙️New episode of First Principles 🎙️ On the backs of the Ledger supply chain attack, you’re going want to listen to this one Zach Herbert, CEO of Foundation joined me for a fascinating chat ✅ The origin of Foundation ✅ Battle between Open source vs closed source ✅What makes their Passport Prime different? ✅ Coldcard hack ✅ Why Ledger dominates the HWW market ✅ Where are we in bitcoin’s adoption? ✅ Design philosophy ✅ Where custody goes from here Hope you have fun listening, have a great weekend!
