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12 vs 24 Words: Secure Your BTC!
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Welcome back to Halving Report, hosted by Brad Mines. In this episode, we're excited to have Pedro from MemeFactory, the brains behind the iconic laser eyes meme, joining us again. After our engaging discussion about the upcoming Halving Party in El Salvador, we shift our focus to a critical topic as the 2024 Halving approaches: the intricate world of Bitcoin security, encompassing seed phrases, running Bitcoin Core, and the robustness of multi-signature wallets.
Dive in with us as Pedro offers his expert insights on the importance of understanding these security mechanisms. From the nuances of seed phrase security to the added layer of protection afforded by multi-signature wallets, this episode is packed with essential knowledge for anyone looking to safeguard their Bitcoin investments in these pivotal times.
π Episode Chapters:
0:00 ποΈ - Intro: Navigating Bitcoin Self-Custody
0:03 π - Bitcoin Fundamentals & Self-Custody Choices
0:11 π οΈ - Effective Self-Custody Methods & Tips
2:04 π» - Using Bitcoin Core for Secure Transactions
2:18 π - Sparrow Wallet: Enhancing Control & Privacy
3:42 π§ - The Philosophy Behind Bitcoin Self-Custody
4:27 π - Bitcoin: A Game of Accumulation & Custody
7:13 π± - Starting Small with Bitcoin Investments
7:27 π - Multi-Signature Wallets Explained
8:32 π§ - Seed Phrase Security: 12 vs 24 Words
Connect with Pedro and the MemeFactory:
https://x.com/re_tweet?s=21&t=tGZ0eLlcyemnfapJkemxKQ
http://bitcoinhalvingparty.com/
https://www.memefactorytm.com/
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ππ Thank you for tuning in to the Halving Report! Want to keep abreast of the latest in the Bitcoin world? π Then SMASH that SUBSCRIBE button NOW! π₯π
Chapters
1. 12 vs 24 Words: Secure Your BTC! (00:00:00)
2. Recommendations for Self-Custody and Bitcoin Fundamentals (00:00:03)
3. Importance of 12-Word Backup and Passphrase (00:11:32)
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