Guy Swann

Waarom multisig altijd wint

"If you ever use a passphrase, it makes no sense to not make it memorable. You're using a passphrase for privacy purposes so that if somebody gets your key, they're not just going to immediately regenerate your wallet." ...

2026-05-20

Episode notes

"If you ever use a passphrase, it makes no sense to not make it memorable. You're using a passphrase for privacy purposes so that if somebody gets your key, they're not just going to immediately regenerate your wallet."
~ Guy

"From an academic perspective, there are three foundations of security: things you have, things you know, or things you are. I'm not a big fan of things you are. That's like your fingerprints, your DNA, the pattern in your retina, or whatever.

But the second you write down a passphrase or store it in a password manager, it switches from something you know to something you have. And that's a completely different security model where multisig, in my humble opinion, wins every time.

You may be the first person I've heard say that out loud. If you're going to have a passphrase, it should be something that you can reasonably remember and that you will remember."
~ Seed

Listen to Chat_167 - Why Your Keys Matter with Seed on Bitcoin Audible, available on all major platforms:
Fountain: https://fountain.fm/episode/afPM32LwtbzpLcqnJXdT
YouTube: https://youtu.be/Tc_Pw1eYSP4
Rumble: https://rumble.com/v79tuv2-chat-167-why-your-keys-matter-with-seed.html

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