• Everyone has their own Bitcoin journey, but my hope is that all our journeys lead to self-custody. Not your keys, not your coins
• 1st consideration is financial security and privacy. These are the cornerstones to true self-sovereignty. Not to get all doomsday, but financial isolation, currency debasement, and other social control tools are typically a dictator’s most powerful weapon against a free and fair people
• 2nd consideration is exchange risk. like Mount Gox in 2013, which lost $460 million worth of Bitcoin, or 850,000 bitcoin (equivalent to $42.5 billion today)
o You most likely have heard the saying, “not your keys, not your coins” and this is very true
• 3rd consideration is Bitcoin’s scarcity itself. If you are a hodler, you can either actively accelerate its scarcity or keep your keys on an exchange and have a neutral effect
o If you keep your coins on an interest-bearing app, you are even creating sell pressure on Bitcoin due to short sellers borrowing those exact coins from you. BlockFi and Celsius make their cut and pass interest on to you, but just know you are actively lowering the value of those coins you care so much about
• Liquid supply shock and how you can contribute! Chart by: @WClementeIII
• Custodial vs. non-custodial BTC wallets
• Hardware wallets
• Tutorial on checking your passphrase BEFORE you vault your Bitcoin: Ledger X Recovery Check app
• Preview of what’s to come on Bitcoin Summer: Wasabi Wallet coinjoin and Fully Noded UTXO managment
Support the show:
Come on a journey with us through time and space. We start with the basics of financial education and investment strategies and work our way up to the most complicated and thought-provoking aspects of the world of Bitcoin. WE ARE EARLY, so don't feel like you've been left behind!
Massive amounts of content coming straight to you wherever you devour it:
-Twice a week podcasts at any of your favorite apps - PLEASE SUBSCRIBE and LIKE
-Website: bitcoinsummerpod.com (all episodes + investment blog, building out every day)
-This YouTube page: Bitcoin news updates every WEEK, how-to guides (Lightning channels, Nodes, etc.), and much, much more. Please SUBSCRIBE and LIKE and hit that NOTIFICATION bell so you don't miss a video
-Twitter page: FOLLOW me @BitSummerRip
All summer, all the time!
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): https://invite.strike.me/10LXVJ
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5
• 1st consideration is financial security and privacy. These are the cornerstones to true self-sovereignty. Not to get all doomsday, but financial isolation, currency debasement, and other social control tools are typically a dictator’s most powerful weapon against a free and fair people
• 2nd consideration is exchange risk. like Mount Gox in 2013, which lost $460 million worth of Bitcoin, or 850,000 bitcoin (equivalent to $42.5 billion today)
o You most likely have heard the saying, “not your keys, not your coins” and this is very true
• 3rd consideration is Bitcoin’s scarcity itself. If you are a hodler, you can either actively accelerate its scarcity or keep your keys on an exchange and have a neutral effect
o If you keep your coins on an interest-bearing app, you are even creating sell pressure on Bitcoin due to short sellers borrowing those exact coins from you. BlockFi and Celsius make their cut and pass interest on to you, but just know you are actively lowering the value of those coins you care so much about
• Liquid supply shock and how you can contribute! Chart by: @WClementeIII
• Custodial vs. non-custodial BTC wallets
• Hardware wallets
• Tutorial on checking your passphrase BEFORE you vault your Bitcoin: Ledger X Recovery Check app
• Preview of what’s to come on Bitcoin Summer: Wasabi Wallet coinjoin and Fully Noded UTXO managment
Support the show:
Come on a journey with us through time and space. We start with the basics of financial education and investment strategies and work our way up to the most complicated and thought-provoking aspects of the world of Bitcoin. WE ARE EARLY, so don't feel like you've been left behind!
Massive amounts of content coming straight to you wherever you devour it:
-Twice a week podcasts at any of your favorite apps - PLEASE SUBSCRIBE and LIKE
-Website: bitcoinsummerpod.com (all episodes + investment blog, building out every day)
-This YouTube page: Bitcoin news updates every WEEK, how-to guides (Lightning channels, Nodes, etc.), and much, much more. Please SUBSCRIBE and LIKE and hit that NOTIFICATION bell so you don't miss a video
-Twitter page: FOLLOW me @BitSummerRip
All summer, all the time!
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): https://invite.strike.me/10LXVJ
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5
