THE Bitcoin Podcast

Self-Custody, Nostr, & Building the Bitcoin Future | Alex McShane

7 snips
Dec 4, 2025
In this conversation with Alex McShane, a Bitcoin builder and events producer, listeners explore the intricacies of self-custody and the pitfalls of deceptive hardware wallet marketing. Alex discusses the challenges faced by Nostr in achieving product-market fit and the importance of honest messaging over slick designs in the crypto space. He reflects on his experience organizing Bitcoin conferences, critiques grant-funded models, and emphasizes the need for market-driven solutions. The chat wraps up with thoughts on community engagement and prioritizing real-world Bitcoin adoption.
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ADVICE

Prefer Transparent Multisig Over Hidden Custody

  • Do learn and set up a 2-of-3 multisig instead of trusting opaque custodial marketing claims.
  • Avoid products that encourage discarding seed phrases because they remove your unilateral exit and increase dependency.
INSIGHT

Hidden Cloud Keys Undermine Security

  • Hot devices and cloud keys defeat privacy and security when used as primary signing keys.
  • Relying on vendor infrastructure without a seed phrase traps users and increases catastrophic risk.
ANECDOTE

From Magazine Desk To Global Conferences

  • Alex started running Bitcoin Magazine's conference desk and scaled it into large live-streamed events.
  • He used that experience to take over multiple conferences and produced the first Nostr conference in Costa Rica.
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