DETERMINISTIC OPTIMISM 🌞's avatar
DETERMINISTIC OPTIMISM 🌞 nvk@primal.net 6 months ago
Buy #bitcoin. Get hardware wallet. Stamp seed in metal. Bury metal seedplate. Buy more bitcoin. Popcorn🍿🤡🌎🍞🎪 The whole point of bitcoin is not create dependency. No dependency in anyone having control over inflation. AND NO DEPENDENCY OVER CUSTODY Reject depending on anyone and any company for your bitcoin sovereignty. #LearnToSeed until we have no dependency alternatives.

Replies (24)

Cykros's avatar
Cykros psyche_eros@iris.to 6 months ago
I'm honestly surprised to see you referring to it as a hardware wallet not a signer, though I won't say I haven't picked up bad habits listening to people misuse language myself... Also, buying metal seedplate always struck me as a little bit hazardous, at least if it's kyc'd. M8 washers are cheap enough to buy at your local hardware store, and hold together with a bolt and nut.
Andreas Griffin's avatar
Andreas Griffin andreasgriffin@nostrcheck.me 6 months ago
Yes. Try Bitcoin-Safe.org with your hardware signer
Bitcoin Safe's avatar Bitcoin Safe
A Bitcoin seed phrase turns code into something real. 📝 You write it down → it’s physical. 📱 Lose your phone? You’re fine. 🔐 Use multisig? Even better — no single point of failure. A 12- or 24-word seed phrase is more than just a recovery code — It’s 🗝️ your private key to freedom, and you can hold it in your hand ✋ image #Bitcoin #SeedPhrase #Multisig #SelfCustody
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rfc's avatar
rfc 6 months ago
I like that, #LearnToSeed
edouard's avatar
edouard edouardnevres@nostrplebs.com 6 months ago
This but you depend, differently on people collectively understanding it and doing the same Not that i am worried it is happening and it is beautiful to see A most peaceful revolution
code monkey's avatar
code monkey codemonkey@nostrplebs.com 6 months ago
No, just use a passphrase. Trying to digitize a backup is asking for trouble. Just use a passphrase, if someone finds your seed, they can't do anything with it unless you compromise your passphrase at the same time. Multi-sig is honestly overkill for almost all individuals imo. Only if you want multiple entities holding keys.
3 replies ↓
Doctor ₿ Manhattan's avatar
Doctor ₿ Manhattan Wacky@BitcoinNostr.com 6 months ago
Using a passphrase is effectively a two of two multi-sig. Consider collaborative custody with a company like Unchained Capital where you only hold two Keys and Unchained holds the third. Keep your two keys in different location and save the multi-sig config file in your encrypted password manager.
Nick's avatar
Nick nickm@nostrplebs.com 6 months ago
100% agree. I’ve always wondered why so many people recommend a multi-sig set up when a seedphrase + passphrase is perfectly sufficient and incredibly safe for an individual. Multi-sig set ups are great for a company or institution, however.
Big Barry Bitcoin's avatar
Big Barry Bitcoin BigBarryBitcoin@Nostr-Check.com 6 months ago
I feel like people are always trying to run before they can walk. Start with a watch only wallet set up using reputable hardware (seed signer, or coldcard). Next, because they'll always ask how to spend, a hot wallet with the understanding that it is vulnerable to spyware and zero day hacks. Finally, a demonstration on how to spend from the watch only wallet safely. Now the student has a convenience wallet to feel like they can practice using bitcoin, and a secure wallet for saving with the understanding that this is a secure vault by comparison. Its not as simple as writing down 12 words, but it isn't as complicated as multisig either.
orange ⚡️'s avatar
orange ⚡️ orange@zaps.lol 6 months ago
*A passphrase not contained in any rainbow tables. Long enough, but that you can remember. Consider that if someone finds a seed plate, they immediately know its importance and are incentivized to break it. An encrypted backup could contain your son’s photos.
Sean's avatar
Sean 6 months ago
Unfortunately, some people don’t want to be fully sovereign. It’s easier to not have to think about storing and managing your money yourself. Big part to why banks exist. For convenience
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