Comments
Transcript
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AKI bought a ledger nano x yesterday (UK based) and today I got an urgent text advising me to connect it online for an urgent update. The site was le'dge'r.com - with apostrophe marks above the e's ...how do I know if this is safe? More importantly it does not install confidence.
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LKDevil's advocate: if/when an ETF is approved, this will be the biggest driver of mass-adoption and there probably won't be any option for investors to take custody of their bitcoin. This would also facilitate rehypothication.
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SVAs Jameson points out, the most likely scenario is that the systemic risk to Bitcoin won't be a 51% attack or even an exchange hack, it's user ignorance. This ignorance will drive people into the arms of institutional custodians that are willing to custody their digital assets with some sort of insurance or brand protection. The end result will be to recreate a re-hypothecated universe of pristine collateral being over-leveraged. This consolidation will make it easy for regulators and governments to exercise their sovereignty over the individual, via the institution. This is why only investors are happy that bitcoin is being institutionalized, the self-sovereign will always hold their own keys. The enemy is us.
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KSEasier to buy a trezor or ledger nano s ---- you keep your bitcoin and other crypto off line in safe --- if you lose or your ledger or trezor gets damaged you just have a seed code and you store the seed in a couple safe places and you can always get your keys back. Not a big deal --
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RPZERO customer service. I have tried to use Casa. I have paid and subsequently sent a customer service request, I have then sent a chasing request due to zero response. Tumbleweed... I am not asking much, only how to set the service up because my Ledger isnt being found by their app. I am not a tech idiot either, so this was not a FAQ-ignoring question, but a real one. Maybe they read this, but I doubt it. I hope you read it though and act accordingly.
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DTBitcoin is so virtual, you can't even hold it :) The need of custodian for your own money is already plays against crypto.
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TSGreat job Jameson! This is really good basic knowledge presented clearly. It's a new world
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RFGreat content, Lopp is an OG.
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JSReally good point that one of the biggest risk is the user making a mistake. Pathways to mass adoption while avoiding the re-hypothecation issues will be a space I'm definitely watching.
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CDFor the non-expert interested in becoming more of one: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/
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DDGreat interview, real insight into a specific and relevant issue of the space which is unfortunately lacking from many if not most other interviews on RV Crypto! This is the type of content that I would like to see (and pay for) here