-In this episode we discuss:
-Why should you self-custody your Bitcoin and how?
-How to choose between cold storage wallets
-What happened with Ledger this month?
-Can someone extract a seed phrase from my cold storage device?
-Cold storage vs trusting exchanges
The history of cold storage wallets
-NVK/Coldcard Wallet origin stories
NVK is a co-founder of Coinkite, a builder of Bitcoin security hardware and other devices, including OpenDime, the Coldcard Wallet, and the BlockClock. The Brazilian-born Canadian previously was co-founder of Ripe Apps, the VP of Product at Method:CRM, and Chief Product Officer at Quandl.
🐦 Follow NVK on Twitter / nvk
Partners:
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🗒️ IN THIS EPISODE:
0:00 Intro, Swan Bitcoin promo
1:33 What is a cold storage wallet? What is self custody?
4:32 Defense against debasement
5:50 How does cold storage and self custody work
6:53 What is a seed phrase?
8:28 Picking 12 to 24 words
10:41 How are words generated
11:33 How does wallet-maker not have access to seed phrase?
12:48 Seed phrase security
14:00 Bitcoin 2024, Fold debit card promos
14:56 Public key vs. private key
16:17 MultiSig
18:07 Why create COLDCARD?
19:28 Bitcoin Maxis love security
20:38 Nothing is infallible
23:20 Ledger concerns
25:41 Air gap, points of failure
28:25 Growing up in Brazil
30:58 CrowdHealth, iTrustCapital promos
32:58 Discovering the White Paper
34:25 Early days
35:42 First cold storage wallet
36:56 How do exchanges hold Bitcoin?
39:21 Does cold storage go obsolete?
40:37 Next best thing to cold storage?
42:42 Should I store my Bitcoin all in one place?
46:34 Which cold storage wallet should I use?
48:09 "If you don't want to take the responsibility, don't buy Bitcoin."
49:21 "It's very early."
50:23 Why does NVK live in Canada?
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NVK nvk.org/
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Producer: Aron Bender / aron-bender
DISCLAIMER This show is for entertainment purposes only and does not give financial advice. Before making any decisions consult a professional. #bitcoin #cryptocurrency #money
11 июл 2024
