In this series, I take you through hardware requirements, home networks, and all the software required to help you achieve financial self sovereignty. The full playlist can be found here. youtube.com/playlist?list=…
The video series is free and if you want to make it easier for yourself, the supplementary pack with all the commands listed is available for purchase here: ministryofnodes.com.au/product/node-b…
There's been a bit of chatter around DIY multisignature wallets using hardware wallets from different vendors. As you dip your toes into it, here are some questions you might want to ask yourself.👇
1. What do I need to back up? What exactly am I backing up here? 2. What do I do if I lose one of the hardware devices? 3. What do I do if one hardware device is compromised?
4. What do I do if a hardware device updates to a new firmware that is no longer compatible with the multisignature software tool I'm using? 5. What do I do if the multisignature software tool I'm using is no longer compatible with a hardware device I'm using?
1/ As of now, the easiest way to use a hardware wallet with your own Bitcoin node is through @CryptoAdvance's Specter Desktop. It's even available for those on Windows! Here are the steps:
Before we begin, let's try to understand what we're trying to achieve here. The current world's financial system relies on trust. There are two entities we trust with our money. We have no choice but to trust these two entities.👇
1. We trust banks to hold our money and give it to us when we need it. 2. We trust central banks to not print infinite supplies of money.
On 3 Jan 2009, mankind solved #2 with Bitcoin. Bitcoin has a fixed supply of 21 million coins. This cannot be changed without overwhelming consensus. We've taken money away from government and put it back in the hands of the people who use it. "The separation of money and state".
1/ @Bitwarden is an open source password management tool designed to be an easy and safe way for individuals, teams and organisations to store, share and sync sensitive data.
2/ Why use a password manager? Reusing the same password to log in to different websites is poor practice. If the password for one website is compromised, those same login credentials are being used on other websites, leading to more of your accounts being compromised.
3/ This is where a password manager comes in handy. You set a 'master' password - one password you remember to log in to your password manager. From here, all your passwords should be a random string of characters generated by your password manager.
/1 @GrapheneOS is an open source privacy and security focused mobile OS. It is designed to defend from Google's intrusive privacy invasions on your phone. The point is to start de-Googling. If you're thinking about switching, here are some considerations to take into account.
2/ The operating system comes installed with Auditor, Calculator, Calendar, Camera, Clock, Contacts, Files, Gallery, Messaging, PDF Viewer, Phone, Settings and Vanadium Browser.
3/ Contacts - without a Google account, you're going to need to export (backup) your contacts and import (restore) them into your phone via a .vcf file. Alternatively, you can host it on a cloud instance (e.g. Nextcloud) and synchronise to it via @davx5app.
1/ Happy New Year! I have released a series of video tutorials on our @ministryofnodes YouTube channel demonstrating the running of a full Bitcoin node on Ubuntu. It's a beginner friendly starting point, showcasing some of the best open source software to "be your own bank".
2/ The playlist starts off by getting you familiar with the installation of Ubuntu and introducing you to the Terminal (or command line interface - CLI). I show you some of the Linux basics. youtube.com/watch?v=BIrL1l…
3/ We quickly move on to the installation of Bitcoin Core, our financial backbone, upon which all other software is built on top of. I talk through some of popular commands and my personal favourite command. youtube.com/watch?v=-5PpCg…