Damus
HODL profile picture
HODL
@HODL
You’re not a Bitcoiner until you…

Buy Bitcoin.

But then you’re like wait, I need to get these coins off the exchange.

So you get a hardware wallet.

But then you’re like wait, this is a ledger.

So you get a cold card.

But then you’re like wait, it isn’t using a passphrase.

So you use a passphrase.

But then you’re like wait this isn’t multisig and multisig would be better.

So you buy 4 more coldcards and set up a multisig.

But then you’re like wait I can’t just do coldcards I have to guard against supply chain attacks.

So you buy a ledger again and probably a bitbox too.

But then you’re like wait, I haven’t geographically distributed these.

So you disperse them throughout the country.

But then you’re like wait, what about jurisdictional risk?

So you disperse them to multiple countries.

But then you’re like wait, what if I was tracked as I was placing the hardware wallets?

So you…

There’s actually no end.

It just keeps going like that forever.

Congrats you’re a Bitcoiner now lol 😂
34
nostrich · 98w
What do u think off setting up a multi sig w a 3rd party like Unchained? They have 1 key I have two. Anything that would worry u about this scenario?
lonecoiner · 98w
I actually ran a node before I ever owned any Bitcoin. First Bitcoin I purchased was with cash, to my non-custodial wallet, connected to my own node. I understood the 6102 risk before I ever touched Bitcoin.
sekhar_777 · 98w
this morning I consolidated utxos
Ahi · 98w
Spot on. Maybe ad the phase when you get anxious of randomness.
Deleted Account · 98w
I find it hilarious that 90% of bitcoiners in their brain think they are fuckin James Bond 007 or el chapo and require cia level security when they are mere mortal law abiding citizens cold storage with a pass phrase takes care of 99% of their threat models. The avg bitcoiner does not need keys spre...
Blissful Sats · 98w
Such is life on the road to utopia 😛
nostrich · 98w
I’m on the path described 🤪. Haven’t reached the end yet.
Ryan Wilkins · 98w
Just because you’re paranoid doesn’t mean they’re not out to get you.
helpfuljoe · 98w
So incredibly accurate!!!!
helpfuljoe · 98w
This should be a flow chart with numbered levels and included with every Bitcoiner starter pack.
Jake Woodhouse · 98w
A simple story of learn by doing Which reflects a core concept to create value: proof-of-work 👏👏👏
Raymon · 98w
Nothing in life is save, especially wealth 🌞
pietre · 98w
Literally my Bitcoin way, until the multisig
Winston · 98w
You nailed it.
Sven · 98w
Still somewhere in the middle of that!
BRITTAN · 98w
Before buying, research digital privacy and security practices #xmr
Horszt · 98w
It is and endless research🧡
Niko 📚 Sovereign Individual · 98w
And in the end you are back to custodian services as has been the case throughout history. For most self custody is the largest risk.
Judy Amendt · 98w
You just identified my husband! lol
Bobo ⚡️ · 98w
And the guy with #PayPal #bitcoin thinks he’s winning 🥇 nostr:note1zsek9l3kwvyqh05faeeqlxfvhpzamgl08a0vn292t0gpqlwy6u2qwkmch7
DoShitters · 97w
The bitcoiner journey in a nutshell 🥜