Multisignature For The Nontechnical Bitcoiner – Bitcoin Magazine



This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.

My family was nervous to hold our own keys. It’s a huge, intimidating responsibility, leading to procrastination. After watching a few BTC Sessions videos, however, we finally decided it was time. Around March 2022, we finally withdrew our bitcoin … from Celsius.

It seemed like the responsible thing to do. We don’t make that much money. Why not leverage an interest-bearing account to beef up our dollar-cost averaging. It’s just like a bank right? Keep our funds safe with someone else and make a little money. We now realize the risks. Laziness and fear nearly resulted in disaster.

Related Posts

Elon Musk

Elon Musk Says He’s Buying Football Club Manchester United – Will He?

Elon Musk is once again causing a stir on Twitter by revealing his intention to purchase popular football club Manchester United. The eccentric chief executive of Tesla and…

Soneva's Luxury Resorts Now Accept Crypto Payments

Soneva’s Luxury Resorts Now Accept Crypto Payments – Featured Bitcoin News

Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example…

Bitcoin Poised For Recovery, Relief Summer still In Play?

Bitcoin Poised For Recovery, Relief Summer still In Play?

Bitcoin has been able to make a resurgence in recent weeks. The 25,000 USD barrier was recaptured by Bitcoin prices just two days ago, marking the first…

Crypto

After Zipmex, Crypto Lender Hodlnaut Files For Creditor Protection

Hodlnaut, a cryptocurrency lender and borrower based out of Singapore has recently filed an application for judicial management. This shall help the platform restructure its business. A…

Polygon

Polygon Seen Breaching $1 This Week – Can MATIC Start An Uptrend?

Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108%…

'Big Short' Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash

‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News

Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the…