70: Secure From Johnny
from The 4B's Hosted by Four Bitcoin Plebs
Pod 70: Security and Custody • Where can you buy? • How do I know that the exchange is safe and wont just rob me? • But what about all these other coins that are cheaper? Surely those will work out better in the long run! • So Ive bought, cant I just leave it on the exchange? Coinbase are backed up to £85k • What are the options for storage? ◦ How often should I update my ledger? You said dont be the first to update • What the hell is cold storage? Can I just write down my seed phrase? • Where should I store my ledger? • Where should I store my seed storage? • How often should I review my security? • How often should I check that my bitcoin is there? • Why is buying and storing Bitcoin so difficult? • Should I split my BTC across multiple ledgers? ◦ When should I divide it across more? • What does the future look like to make this easier? • Ledger got hacked and peoples details stolen - is there a way to buy a ledger and remain completely annonymous? (Fan question)
Embed this episode
No transcript yet.