What lvl of security do you need ? ππ§
Holding your key comes with responsibility, there is no one magic solution. We made it simpler for nooby π
[New Video] π₯π³οΈπ
πΊπΈ-
π«π·-
πͺπΈ-
Let's go in depth π
1/ The first thing is to realize who you are, so we talk about three topics:
- What are the threat a bitcoiner face ?
- What is your personality ?
- How much bitcoin are we talking ?
From that, finding the right solution comes easier!
2/ The first wallet most people can use is probably a mobile wallet like @SamouraiWallet
Itβs accessible, privacy oriented and give back control.
The samurai video is already accessible for beginners.
πΊπΉπ₯ ->
3/ while good for small amount. Once you moved above 1000 $ you should probably use a hardware wallet. @Trezor or @Ledger are great choices for beginners!
Iβm starting the production for one those wallet this week π Which one should I do first ?
(I keep Coldcard for a ππ)
4/ If you can stack up to 5 000β¬, you should probably start learning about passphrase!
Itβs the same price as a hardware but really increase that security against various threats
5/ AT some point, you will have to make the jump.π¦
You know which one.
Moving to multi sig!
Best solution ? Probably @ElectrumWallet various hardware wallet @COLDCARDwallet , @Trezor , @Ledger .
6/ Another solution we will be exploring and could be adapted to many new comers is @CasaHODL.
Itβs security model is adapted to many different profile and can be a first on boarding process to people looking for assistance and customer service.
7/ What happens if you lose your memory ?
Well, to mitigate this risk, you MUST create an inheritance plan. The best way to do so is to pick up @pamelawjd book "Crypto inheritance planning".
If you canβt get the book. We explore the first section of her book in chapter 6.
8/ Paper burn. You probably want to upgrade to a steel seed if you hold a lot of bitcoin. If youβre not sure which one to use, @lopp wrote an amazing series testing them all.
blog.lopp.net/metal-bitcoin-β¦
9/ finally, PRIVACY. why ?
"If no one knows you have bitcoin. No one will be asking for themβ
Sound simple, itβs NOT. So keep a low profile. Do not start making youtube video with your face on it. And donβt use KYC.
kycnot.me
10/ Anyway, I hope you enjoyed the video :). The editing is getting better by the weeks! π₯
This week I have another video about a cool little BTC maximalist project! @CitadelleVr
Sorry for the lake of post/ content lately. Some thought personal issue came across...
11/ If you like our work and believe in our vision to bring free, quality bitcoin educational content to the masses. Then a share and likes can bring us a very long way. Thanks for your support /END. Rogzy
thebitcoinrabbithole.com
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