The Basics of Bitcoin Privacy

Gabriel Custodiet speaks with Seth for Privacy and BitcoinQnA, two Bitcoin educators. They discuss updates on private, self-custodial Bitcoin tools in the past year (mid 2022 – early 2023). Topics include details of the Sparrow Wallet, Bitcoin resources, P2P exchanges, coin control, and Foundation’s Passport hardware wallet and Envoy app.

If you're just starting with private Bitcoin, watch this first: → https://www.youtube.com/watch?v=Qz1-uiQZUUQ 

Guest Links → https://foundationdevices.com   → https://twitter.com/sethforprivacy   → https://twitter.com/BitcoinQ_A   → https://sethforprivacy.com  (Seth’s website) → https://bitcoiner.guide  (QnA’s website) → https://sethforprivacy.com/posts/why-i-focus-on-bitcoin  (Seth’s explanation for focusing on Bitcoin)

Resources Mentioned → https://btcmap.org/map  → https://thebitcoincompany.com/  → https://www.bitrefill.com/  → How I Live on Bitcoin: https://www.youtube.com/watch?v=F0IvkMKY5S8  → https://www.sparrowwallet.com   → https://zeusln.app/  (Zeus) → https://phoenix.acinq.co/  (Phoenix Wallet) → https://github.com/cculianu/Fulcrum  → https://agoradesk.com/   → https://kycnot.me  (List of non-KYC exchanges) → https://raspiblitz.org/   → https://samouraiwallet.com/   → https://hodlhodl.com   → https://peachbitcoin.com/   → https://learn.robosats.com/docs/quick-start/  → https://k3tan.com  → https://ronindojo.io/  → https://lightningprivacy.com/en/introduction   → https://specter.solutions / (Specter Wallet) → https://foundationdevices.com/envoy  (Foundation’s companion app) → https://podcasts.apple.com/us/podcast/tales-from-the-crypt-a-bitcoin-podcast/id1292381204  (Tales from the Crypt) → https://podcasts.apple.com/us/podcast/citadel-dispatch/id1546393840  (Citadel Dispatch) → https://stephanlivera.com/  (Podcast) → https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388   → https://www.amazon.com/Mastering-Lightning-Network-Blockchain-Protocol/dp/1492054860   → https://www.amazon.com/Basics-Bitcoins-Blockchains-Introduction-Cryptocurrencies/dp/B086XHV2FG   → https://sovrnbitcoiner.com/  (The Sovereign Bitcoiner) → https://podcasts.apple.com/us/podcast/journey-to-sovereignty/id1659724032  (Foundation Journey to Sovereignty)  → https://foundationdevices.com/blog   → https://t.me/SamouraiWallet  (Telegram group; privacy focus) → https://t.me/SparrowWallet  (Telegram group; privacy focus) → https://foundationdevices.com/2023/03/privacy-on-nostr/  (Nostr) → https://foundationdevices.com/2022/03/passport-coinjoin/  (Buy Foundation Passport privately via CoinJoin) → https://coincards.com  

WATCHMAN PRIVACY → https://watchmanprivacy.com (Including privacy consulting) → https://twitter.com/watchmanprivacy  → https://escapethetechnocracy.com/ 

CRYPTO DONATIONS →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy (Monero) →https://btcpay0.voltageapp.io/apps/3JDQDSj2rp56KDffH5sSZL19J1Lh/pos (BTC)

Timeline

0:00 – Introduction 5:14 – How to use bitcoin during fiat collapse 15:44 – What is your current Bitcoin setup: wallet, node, etc.? 32:25 – What are the developments in Bitcoin self-custody and privacy from mid-2022 to now? 41:26 – What is the best backup for Sparrow Wallet? 42:52 – Acquiring non-KYC bitcoin via P2P peer-to-peer exchanges 52:32 – What does Sparrow Wallet CoinJoin whirlpooling give us? 54:32 – Is it okay to combine whirlpooled UTXOs? 59:00 – Stonewall privacy option in Sparrow Wallet: why might it be greyed out? 1:00:57 – How should new Bitcoiners start using it with best bang for buck privacy? 1:06:30 – Foundation’s Envoy app: solution for private Bitcoin? 1:10:10 – Basic summary of coin control (UTXO management) 1:14:43 – Suggested Bitcoin resources 1:22:25 – How does Foundation Passport hardware wallet stand out from the crowd? 1:31:40 – Can you treat the Passport as a mobile wallet? 1:33:32 – Acquire Foundation Passport privately 1:39:13 – Final thoughts