All about the 2FA - SIM swaps are also a silent attack vector but like you say, custody of corn was never going to be easy.
I've been looking at ways to upgrade my cold storage Coin Bureau style. But he does insist on pen and paper still, those titanium plate crypto tags are probably the best bet in case of a fire or flood!
Will be diving in next week to this and naturally do a blog about it!
As I secure more bags I do want to lock them up into multi sigs and then do the cold bits steel storage but my forever HODL isn’t that big yet! But I need to make plans for once I do get there!
I also set a custodial lightning wallet was an absolute bloody nightmare but now that is running I want to use that as my every day BTC wallet since you can do on and off chain with it
And with exchanges supporting lightning and LIFI rolling out it’s going to be vital
Exchanges are going to need to up their it interest rates if they want to keep liquidity because if your coins are appreciating at higher than 4% for example then 4% isn’t exactly enough to take the risk of leaving a lot of liquidity with them
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I'm making plans already for the cold storage so I'm fully prepped to dump the forever HODL stash away for 10 years.
Loving the sound of those lightning wallets, hopefully they can make them a lot easier to navigate but I imagine once you get set up, you are over the worst of it and the rest is plain sailing.
Agree about the exchanges, 4%-6% on BTC doesn't seem like it's worth it if the asset has been going up 200% on average each year and you have other faucets that you can use to increase your sats holdings anyway which you can then lump in to your self-custodied wallet...