The group has been talking about stablecoin regulation, reserve audits, and all kinds of "de-pegging" essays again these days... I find it a bit annoying to watch. The more these discussions happen, the more I feel: it's more practical to keep the keys tight first than to argue about who is right or wrong.

When the asset size is small, hardware wallets are actually quite sufficient, simple to operate, just don't take photos of the seed phrase or store it on cloud drives. Once it reaches a certain scale (basically when you start feeling uneasy), I prefer multi-signature: even if I lose one key, I won't lose everything, but it’s really troublesome—sending transactions requires multiple signatures, and if you need money urgently, you'll be cursing. I still believe a little in social recovery, suitable for those afraid of losing their keys but don’t want to bother with multi-signature setups, but only if you truly have "reliable people," otherwise you're setting a trap for yourself.

Anyway, my current principle is still old-fashioned: I stay a bit late to join the excitement, keep my cold wallet safe, and watch the show slowly.