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How's security solved on high level (such as Microstrategy, or Coinbase's custody for ETF)?

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Considering that no matter what amount of BTC, it always hides behind 24 seed phrase (+ potentially 1 additional word), how do you secure Bitcoin worth billions of dollar? How do you eliminate single point of failure etc.?

I know Shamir solved this partially, but is there anything else they use? Timed locks? Insurance?

submitted by /u/CrybabyEater3000
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