May 22 is an notorious day for Bitcoin, it is the anniversary of the famous pizza transaction.
I recently saw a chart that really struck home. We will get to this, but it’s worth looking at an interesting trend that has emerged in the world post-Covid.
It seems that now, it's all about the supply of money rather than the cost. This shift has significant implications for both opportunities and risks in the market.
We now direct our focus towards exploring the capabilities and benefits of MultiSig technology. By transitioning your attention to MultiSig, the aim is to further enhance your security. MultiSig minimises potential vulnerabilities and we are excited to delve deeper into the features and advantages that MultiSig has to offer, and we are confident that this strategic shift will contribute positively to your bitcoin security operations.
Custodial services involve a third party holding onto your bitcoin on your behalf, which can be convenient but comes with added risk. Self-custody, on the other hand, means you are responsible for keeping your own bitcoin secure, which may require more effort but gives you full control.
If you haven’t read Part 1, you can read it https://www.momentum-analytics.io/news/self-custody-part-1
“There are no shortcuts to any place worth going.” - Beverly Sills