"Be your own bank” isn’t a meme, and if people can’t embrace that, this is not the place for them. People lose funds because they are greedy, lazy, or both. It is NOT impossibly difficult to self-custody.
This has been demonstrated time and time again, and not just by me. I don’t care if someone has $ 1,000 or $ 1,000,000,000 — if the baseline security measures described are not understood by them, that is 100% a them problem, because the information is out there, they’re choosing not to read it and leverage it. It is a choice. Decisions are made at every turn.
Wallets say “write this seed phrase down and do not store it online” during setup — often multiple times. Such warnings are not included for the lulz. People CHOOSE to ignore these warnings. If anyone is investing (time or money — BOTH apply) in cryptocurrencies, they need to invest time into learning about the tech and how to secure their investment. If somebody spends hours on end shitposting about “when moon when lambo or better yet researching/asking “what is the next 100x coin” but can’t be bothered to learn what a private key is or to download Google Authenticator, that is 100% a them problem.
You can’t browse Reddit, Twitter, or most anywhere else crypto is discussed without having some article or guide about security be something you scroll past. The knowledge is there. These people know it is there. They choose not to read it/heed it. The horse has been led to water. This isn’t a net worth issue, it’s a shit priorities issue." - @lens/raindropactual , OG founder of CipherBlade.
Read the whole article here: digitalnapalm.net/2021/03/05/…
And buy this cover image as an NFT here.
