SAFU is more commonly used by exchanges and shitcoin projects who’ve suffered a hack of some sorts, resulting in lost funds. SAFU stands for “Safe As FU*k”.
It’s intended to provide assurance that everyone’s funds are safe and there’s nothing to be worried about. However, if you keep your Bitcoin on a centralised exchange or worse, dabbling in poorly designed shitcoin blockchains, you are taking a big risk that your funds are anything but safe.
This is why we are all about Bitcoin security here at TBM. By having good security practices and taking ownership of your Bitcoin, you can ensure that your sats are SAFU yourself.
The scaling of bitcoin beyond the base chain has seen the expansion of layer two protocols, with unique trade-offs designed to facilitate a certain type