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.

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