Onramp Bitcoin Media
The Real Reason Your Bitcoin Isn't as Safe as You Think | Tyler Campbell
- Tyler Campbell transitioned from enterprise blockchain work through Circle (stablecoins) to Unchained, where he onboarded thousands of clients to multi-signature self-custody Bitcoin setups via Zoom calls.
- Collaborative custody eliminates single points of failure by distributing key control between the client and a partner (e.g., Unchained holds one key, client holds two in a 2-of-3 multi-sig arrangement).
- Best practice for first-time custody users: move $1,000 in, move $1,000 out to rehearse the process before handling large amounts—comparable to firearm training rather than one-time classroom learning.
- The Coldcard random-number-generator exploit revealed that even "gold standard" hardware wallets can have fundamental flaws; users should diversify devices (Trezor, Ledger) and avoid complacency after near-misses.
- Privacy and custody trade-offs are real; selectively revealing yourself to a custody partner (OnRamp, Unchained) may be worth the security and financial-product benefits if you lack the technical depth of a full-time Bitcoin professional.
- Selling or spending Bitcoin is not heretical; responsible access to collateral and life improvements (home, education, family) justify occasional liquidation alongside continued DCA accumulation.