this post was submitted on 18 Mar 2024
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Is it? Like, when any one of the people with access to the key has a standing offer of 1 billion dollars and a life a luxury in another country, are you sure none of them will take the offer? What about when their families are threatened? What about when they get kidnapped and hit with a wrench?
I'm just saying, if we're talking about so much Bitcoin that it alone makes a country a world power, that's enough Bitcoin that things have moved beyond law and order and is in the ugly and dangerous realm of war and espionage.
That's why we have multisig and timelocks. Bitcoin doesn't lack any security feature tbh
I'm not familiar with those, I'll do some research. How would you explain what those are?