
BTC030: Bitcoin Security and Self Custody w/ Nick Neuman (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Ensuring Security in Cryptocurrency Hardware Purchases
This chapter emphasizes the importance of securely purchasing hardware wallets for cryptocurrency, advising against buying from unauthorized resellers. It highlights risks and suggests acquiring devices directly from manufacturers or authorized sellers to ensure security.
IN THIS EPISODE, YOU’LL LEARN:
- Why Blockchain technology doesn't work for CBDC
- The difference between Public and Private keys
- What is XPub?
- What is multi-sig, and why is it important?
- Seed Storage
- Security concerns that people might have overlooked
- Firmware updates on hardware wallets
- Why the taproot upgrade is important
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Nick Neuman's Twitter
- Visit Nick Neuman's company, Casa
- Jameson Lopps' article on Seed Storage
- Jameson Lopps' Bitcoin Resource Page
- Browse through all our episodes (complete with transcripts) here.
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