Cool, good article by Taylor. insomniasexx I love what you have made – I use it often! I can only imagine the frustrations you must face as people ask you to recover their private keys, don't believe that you don't have a copy, and even threaten you (?)
I'd love to hear some stories from this side of your story if you've time to share...!
This article could easily be about me. Many of the points about risk resonate.
No, I don't have any crypto. More this:
- It is becoming apparent that the policies, systems, fees and regulations that we vehemently rebel against exist for a reason. They can subsidize refunds for fraudulent transactions. They can shut down accounts. They can protect innocent ignorants from being scammed.
And this:
- A more diverse population of users demands a more diverse population of custody solutions. It demands a more diverse talent pool to build these products, help people understand the blockchain and help the blockchain understand people.
And also this:
- We need products that optimize for ease-of-use over advanced features. We need third-party funds with insurance that hold and grow your investments. We need multi-factor solutions that target traditional businesses and can work within their established accounting practices. We need systems for transparency for ICOs and charities. We need teams that focus on ultra-private solutions for those in high-risk situations, or simply value control above all else.
Decentralized banking, trustless systems, great. I don't care about that. I need a store of value that I can't mess up because, unbeknownst to me, my computer has a virus that recognizes when a bitcoin address is copied and replaces it with a third party's address. I mean, paper wallets? I haven't owned a printer in fifteen years.