Q44: How best to protect your Bitcoin seed/recovery phrase? | Bitcoin Basics (195)

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“We answer another great community question: How do I best protect my Bitcoin? What’s the best wallet? How to secure my Bitcoin seed/recovery phrase? Why are open-source wallets our only recommendation? Multisig? Plausible deniability? Hidden wallet? 25th seed? Create your Bitcoin risk mitigation strategy today!”

TIMESTAMPS:
00:00 Start
01:06 Proof of recording
01:51 Jeremy’s question
03:11 Different kinds of wallets
05:49 Custodial vs non-custodial wallets
07:51 Importance of open-source wallets
10:00 Cybersecurity best practices
12:05 Hardware wallet OpSec (privacy) cons
13:24 Best Bitcoin wallet to get started with?
15:10 How to store your Bitcoin seed/recovery phrase?
16:28 Plausible deniability? Hidden wallet? Multisig?
18:11 Create a Bitcoin risk mitigation strategy plan

Show: https://bitcoinbasics.help/195
Proof of Recording: 03-DEC-2023 | $43,340 | 820,196
#bitcoin #podcast #wallet

SHOW NOTES:
* Our Bitcoin wallet series: https://youtube.com/playlist?list=PL81X0bJURmxWoq–QKc_cFQZxjOQs63md
* Our security hygiene series: https://youtube.com/watch?v=X7ocTW_0uY4&list=PL81X0bJURmxVZbY8Bo4etHC8F53IzEmiB
* BlueWallet (no affiliation): https://bluewallet.io
* BitBox02 (no affiliation): https://bitbox.swiss/bitbox02
* Ask us any question: https://bitcoinbasics.help/ask

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