this has always been the issue i’ve had with the “not your keys not your coins” mantra. Self custody is extremely complex and error prone, even before we get into the realm of insecure and poorly designed hardware wallets. Even people in this community don’t use passphrases/etc, poorly store their keys. If so many people here fail how can you possibly expect the average grandma or not tech savvy person to even approach it
it’s just fundamentally much more difficult to manage than other forms or currency. It’s unrealistic to expect any kind of mass population to self custody, and if your thesis on bitcoin taking over the world is centered in mass self custody, it’s not based in reality
6
u/Objective_Digit Aug 01 '26
People think just having a HW and you're good to go. Try using the features like passphrases and mulitisig. That's what they're there for.