Stacks Founder Advises BTC Users to Diversify Storage via ETFs and Multi-Sig
Muneeb Ali urges Bitcoin holders to split assets across ETFs, multi-sig, and hardware wallets following Coldcard breach. He warns of quantum risks and calls for broader security collaboration.
Woofun AI reports that Stacks founder Muneeb Ali advised Bitcoin users to diversify storage strategies following the Coldcard security incident. He recommended distributing assets across ETFs, multi-signature schemes, and varied hardware wallets rather than relying on a single solution. Ali highlighted quantum computing as a tangible threat to cryptographic systems, urging proactive preparation. He also called for the Bitcoin ecosystem to collaborate with external security research institutions to mitigate isolation risks associated with the "Bitcoin-only" philosophy.
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