Bitcoin Custody And Backup, Taken Seriously. @thibm_ #519

11 snips

Jan 14, 2025

Learn how to fireproof your Bitcoin recovery seed with practical backup strategies. Explore the intriguing privacy wars between Wasabi and Samourai and the effects of recent events on their methods. Discover the concept of 'pleb work' and how you can start earning Bitcoin on the side. Delve into the reasons some are selling their Bitcoin for MSTR and what that means for crypto enthusiasts. The conversation is a treasure trove of insights on security, custody, and community engagement in the Bitcoin space.

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ADVICE

Bitcoin Self-Custody and Backup

Take self-custody of your Bitcoin and back it up.
Use a hardware wallet like BitBox02 and a steel backup.

INSIGHT

Evolution of Bitcoin Wallets

Bitcoin self-custody has improved with HD wallets and BIP39.
BIP39 allows one seed phrase for wallet backup, unlike earlier individual key backups.

ANECDOTE

Steel Plate Backup Options

Daniel Prince discusses various steel plate options for seed phrase backups.
He mentions Seed12, CryptoSteel, BitBox, and Coldcard as examples.

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How To Fire Proof Your Bitcoin Recovery Seed Backup.

$ BTC 96,331

Block Height 879,227

Today's guest on the show is @thibm_ who joins me to talk about how to think about and use existing and practical measures to keep your #Bitcoin safe.

Why is @thibm_ so interested in this topic and with recent tragic events in LA are you thinking deeper about how you back up your Bitcoin Seed?

What were the privacy wars between Wasabi and Samourai and how has coinjoin changed since the arrest of the Samourai founder and closing of Wasabi?

What is Pleb work and how can you, as a pleb, begin a side hustle and be paid in Bitcoin?

Who is selling their Bitcoin for MSTR and why would anyone consider doing that?

A huge thank you to @thibm_ for coming on the show, find out more about Plebwork here: @plebwork

https://www.plebwork.com/

Back up your Bitcoin with Seed12 here: @cryptosteel

https://cryptosteel.com/product/seed12/

ALL LINKS HERE - FOR DISCOUNTS AND OFFERS -

https://vida.page/princey - https://linktr.ee/princey21m

Pleb Service Announcements.
@orangepillapp
That’s it, that’s the announcement.

https://signup.theorangepillapp.com/opa/princey

Thank you:

@swan @relai_app @BitBoxSwiss @ZapriteApp @mempool @OnrampBitcoin for your trust and support.

Support the pods via @fountain_app -https://fountain.fm/show/2oJTnUm5VKs3xmSVdf5n

Shills and Mench’s:

ONRAMP - https://onrampbitcoin.com/?grsf=bitten - Bitcoin Financial and inheritance Services built on Multi-Institutional Custody.

Save $250 using code BITTEN

Listen to the Onramp Podcast here - https://fountain.fm/show/fnaiifAYNlixGUPfBwXH

ZAPRITE - https://zaprite.com/bitten - Invoicing and accounting for Bitcoiners - Save $40

ORANGE PILL APP - https://signup.theorangepillapp.com/opa/princey - find your plebs, meet-ups and conferences.

SWAN BITCOIN - www.swan.com/bitten

RELAI - www.relai.me/Bitten Use Code BITTEN

BITBOX - www.bitbox.swiss/bitten Use Code BITTEN

DECRYPTING MONEY - https://bit.ly/4hgvSfB

MEMPOOL - https://mempool.space/ + https://mempool.space/sponsor

BITCOIN ADVISOR -