The Bitcoin Layer Mastering Bitcoin Self-Custody with BTC Sessions
Nov 14, 2024
BTC Sessions, a Bitcoin educator and YouTuber known for his hands-on tutorials, discusses achieving self-custody and financial sovereignty. He shares his journey towards mastering hardware wallets and running nodes. Listeners learn about choosing beginner wallets, the importance of practicing transactions, and the benefits of multisig security. BTC Sessions also debunks concerns with popular wallets and recommends tools for mobile security. Plus, he offers insights on the role of Lightning and on-chain transactions for different payment needs.
AI Snips
Chapters
Books
Transcript
Episode notes
Start With Three Practical Bitcoin Skills
- Get started by learning three things: how to obtain, use, and secure Bitcoin.
- Begin with a smartphone wallet and an exchange, then progress as your needs evolve.
Practice Deleting And Recovering Wallets
- After buying Bitcoin, send it to a wallet you control and practice deleting and recovering that wallet.
- Reinstall the wallet on another device to confirm your seed actually restores access.
Use Hardware Wallets At Your Comfort Threshold
- Use a hardware wallet once your holdings exceed the amount you'd feel uneasy carrying as cash.
- Treat the point where you'd avoid carrying that cash as your threshold to upgrade security.
