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Basics_06: Bitcoin Self Custody (How to Protect Your Bitcoin)
Blue Collar Bitcoin

Basics_06: Bitcoin Self Custody (How to Protect Your Bitcoin)

27 May • 1hr 46m
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Show Notes

Bitcoin Basics Series Episode 6. In this chat, Josh, Dan, Seb & Daz dive into Bitcoin Self Custody – the groundbreaking importance of this feature as well as practical steps on how to protect your Bitcoin.
Full Bitcoin Basics Series here
BCB Pod disclaimer here
Watch video of this chat on YouTube here
WE COVER:
Why is Bitcoin self custody so groundbreaking?
Where to buy Bitcoin
KYC vs non-KYC Bitcoin
Protecting private keys
UTXO management
Wallets (aka signing devices)
Collaborative custody & multisig

ITEMS MENTIONED:
5 Minute Coldcard setup video
“B is for Bitcoin” by Seb & Daz
Looking Glass Education
BCB episode on UTXO management w/ Tom Honzik
BCB episode on collaborative custody w/ Justine Harper
BTC Sessions tutorials

SHOW SPONSORS:
BITCOIN 2024: promo code “BCB24” for 10% off tickets early bird ticket sales for Nashville, July 25-27, 2024 b.tc/conference
COINKITE — PROMO CODE “BCB” for discount on ColdCard. Industry leaders in Bitcoin security hardware and fun devices, makers of the COLDCARD and other prominent items including opendime, satscard, tapsigner, the seedplate, coldpower, blockclock mini & blockclock micro. All available at coinkite.com
START9 — Sovereign computing. Take back control of your data. Run a Bitcoin & Lightning node. Embassy One: A small uncompromising personal server, capable of running BTC Core. Embassy Pro: The most powerful, secure, and reliable private server in the world. Visit Start9.com
SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that’s Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For Swan PREMIUM FREE go to https://www.swanbitcoin.com/premium/blue-collar-bitcoin-experience-swan-premium-for-free/ and use PASSWORD: bluecollarbitcoin
CROWDHEALTH BTC — Use CODE BLUE to get 1st 3 months massively reduced at $99/month. Harness the Power of Bitcoin + Health Care. Join other Bitcoiners on a crowdfunding platform while accumulating Bitcoin in the process. Bitcoin specific crowd joincrowdhealth.com/bitcoin

SUPPORT THE BCB PODCAST: Podcast 2.0 streaming on our favorite pod app, Fountain: You can earn & stream sats on Lightning Network while listening to pods! Also share and listen to standout clips with the Fountain community.
SOCIAL MEDIA
Twitter: you can follow us @blue_collarbtc, follow Daz @dazbea1, follow Seb @Sebbunney
Blue Collar Bitcoin on NOSTR: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37
Video on YouTube. Subscribe Here

EMAIL: Send questions or comments to bluecollarbitcoinpodcast@gmail.com
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Activity

@piez
10,000 sats
28 May
Omg thank you! For the longest time I heard a shit ton of talk about UTXO’s but never really understood what the fuck they were. The explanation given by the 4 Bitcoiners in this show has finally clicked and now I get why UTXO management is so important! God bless! Thank you!
No doubt, now I understand why my fees are high than some....
@mirboohodl
1,000 sats
28 May
keep up the great work boys
@nickygene
250 sats
28 May
👍
great show! however, Robinhood allows you to send bitcoin to your self custody wallet.
@mobtcdyck
100 sats
29 May
Really appreciate the clarification on fees due to UTXOs, something that perplexed me was put so simply by you guys.
@eternalstudent
100 sats
28 May
good job gentlemen
good!!! 👍