Jameson Lopp
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@lopp
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Joined March 2009
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Reflections upon the past year of the BIP-110 movement, similarities I noted to the 2017 scaling debates, and numerous receipts to hold folks accountable for their mistakes.
Bull Market vs Bear Market
Diversify your keys, not your coins. Spread coins across multiple single sig wallets: ⬇️ chance of catastrophic loss, ⬆️ chance of partial loss. Spread 1 wallet across multiple vendor keys: ⬇️ chance of catastrophic loss, ⬇️ chance of partial loss.
Is it better to spread risk through multi vendor multi sig maybe even with a reputable company or to buy multiple wallets and spread your coins?
You'll never see me crash out over BIP-361 🙃
It's good to have aspirations for improving Bitcoin; the protocol is far from perfect. But if you ever twist your brain into a knot to the point that you decide Bitcoin MUST change in a certain way, you're setting yourself up for failure.
It's good to have aspirations for improving Bitcoin; the protocol is far from perfect. But if you ever twist your brain into a knot to the point that you decide Bitcoin MUST change in a certain way, you're setting yourself up for failure.
