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npub1daz0...zh3w
npub1daz0...zh3w
So, you've protected your #Bitcoin seed words with 2nd-factor security. eg. passphrase, multisig, etc... ...but you still want to know if anyone has sneaked a peek at them? This is why we provide tamper-proof labels with every BitPLATES Domino plate.
If the price of #gold, #silver & #Bitcoin is set by the "market" on exchanges... Is Bitcoin the only asset with a realistic chance of finding a true market value with peer-to-peer (P2P) exchanging? P2P can be as much as 20% above "spot" price. ๐Ÿค” #PeertoPeer #P2P #NoKYC
If you split 24 seed words in two, each half is protected by 128-bit security. Plate 1 = words 1-12 Plate 2 = words 13-24 Store plates (& copies) in different locations. This is by far the most 'non-technical' #Bitcoin multi-factor security, or 2FA (two-factor authentication).
Almost 12 hours later and the voting on Twitter/X is heavily weighted in favour of Trezor... Does anyone on Nostr have an opinion? Thanks ๐Ÿ˜ image
Bitcoin is the only asset that comes with built-in 'plausible deniability'. 1. Keep a small amount of sacrificial #Bitcoin in a wallet created with ONLY seed words. 2. Keep your main funds secure in a secret wallet created with seed words + passphrase (must store separately). image
How much #gold would you need to buy to have the equivalent % of total world supply of owning one #bitcoin (ie. 1 out of 21,000,000 bitcoins)? Answer: 1/21,000,000th of 210,000 tonnes (or 6,750,000,000 troy oz) = 306 troy oz = $979,200 worth of gold (at $3,200 per troy oz)
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