If you have not figured out self custody bitcoin yet, get your act together.
Feels like everything is heating up in the West, American Gov and allies are starting the expected crackdown.
Get your wealth into bitcoin. Get your bitcoin into your own wallets. ASAP.
Cold Storage Guide: https://werunbtc.com/coldcard
💯 this 👇🏻👇🏻👇🏻👇🏻
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Odell calling it and he's right ! #[0]
Ha!
I "figured it out" the hard way...
Got recked at MtGox...😜
So, my Dudes, listen to #[1] ...🙏😁👍💜💯
This time it is absolutely not a drill
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Don’t you want a multisig wallet for large amounts? Or would you say that’s like an in-between wallet?
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followed
Great YouTube video for helping new bitcoiners set up cold storage
Might buy a few spare trezors to hand out to friends when they want to get into cold storage…
Time for everybody to get it together
Whats new in terms of crackdown?
Jack getting accused of lackadaisical AML/fraud? Block shorted?
Or something else?
I'm getting nervous about them closing the on and off ramps to Bitcoin. Any resources I should check out to understand those impacts?
Your post is getting noticed.
Added to the https://member.cash/hot feed
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What do you think of getting a start9 node?
Also curious your thoughts on multisig options non kyc?
I’d love a guide for buying btc, conjoining it and then moving to non kyc multisig wallet and running that txn through my own node.
You need to be prepared, do it now. If you wait until you need to, its already too late.
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I agree, and if your into BTC for the long term, I ditched the ledger and went to the #coldcard MK3 and sparrow wallet
I'm a freak always looking for a deal. Any promo codes for coinkite that you can share? DMs are open 😂. Please and thank you! #[2]
Fuck it, I needed this like yesterday so the order has been placed. As always, thanks for all the help with getting set up and securing my ₿
My frustration is that the company I use to buy specifically for my Bitcoin IRA - that I appreciate for education they give to community - will not support a multi-sig for IRA funds because of the McNulty case which led to hefty "early withdrawal" penalties for the defendant...even though she could account for every gold bar in her possession (none had been sold).
Unchained supports multi-sig for IRA because they argue McNulty did not set precedent for digital assets.
Multi-sig would allow a 3rd party to monitor whether that Bitcoin has moved and triggered an early withdrawal taxable event while still giving the owner the keys to their bearable asset.
Hate the IRS, but wish they provided some guidance on this versus me taking the risk of multi-sig and getting surprised. This other provider is trying to "do right by their clients", but it does keep the risk that someone else holds your keys (at least it isn't an exchange).
People need to realize that unless they send it to a hardware wallet, the government will try to steal it and enrich themselves.
Nostr is also becoming incredibly important. This provides people with ways to comunicate freely with eachother without any kyc, enabling gatherings and trustfully sharing wealth.
Always tell people, you do not have to have it on exchange in order to gain profit. It actually lets you loose alot.
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