The Worst Way To Do Multisig (And What You Can Do Instead)

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Bitcoin multisig is often sold as the ultimate self-custody setup. But is it really safer than a single-sig wallet?

Tony walks you through how multisig works, who it suits and the two ways to set it up: collaborative custody and private multisig. He explains the hidden risks of collaborative custody that most people overlook and what you take on when you run private multisig yourself.

He also shares the alternative he thinks is enough for most people, and the two things it has to get right.

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⏱️ TIMESTAMPS:

00:00 – Is Multisig Really More Secure?

01:04 – What Is Multisig?

02:11 – Who Should Use Multisig

03:05 – Collaborative Custody Risks

06:14 – Private Multisig and Its Trade-offs

08:01 – Single-Sig With a Passphrase

08:46 – Get the Free Self-Custody Guide

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❗DISCLAIMER:

This show is for entertainment purposes only. Before making any financial or legal decisions, consult a professional.