What is good BTC coin control on how many coins you should hold on one HWW?
Is 15 the right number?
#asknostr #bitcoin #freedom #selfsovreign
Discussion
That's an entirely personal question. Personally, I wouldn't hold NEARLY that many coins on a single-sig. Someone else might consider that chump change.
The larger a percentage of your life-savings that represents, the more important it is to have it in a multi-sig.
Fair enough.. multisig for the average person holding 15 coins is hard…
Could you give me some good material on reading of watching up on it?
The average person is NOT holding 15 whole coins... The average person is holding less than 1.
nostr:nprofile1qyv8wumn8ghj7un9d3shjuewv35kwem0duhxxmmd9uq3kamnwvaz7tmxv4jkguewdehhxarj9e3xzmny9a6x7mneqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgnwaehxw309ac82unsd3jhqct89ejhxtcpzamhxue69uhkyet5vyhxummnw3exjmpwvdsk6tcpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpr9mhxue69uhhqun9d45h2mfwwpexjmtpdshxuet59uq3uamnwvaz7tmxv4jkguewdehhxarj9e3xzmny9akxzmn89ae82qgawaehxw309a3x7um5wghxy6t5vdhkjmn50phkkmewvdhk6tcpr9mhxue69uhkzafwwp6hyurvv4ex2mrp0yhxxmmd9uqzqxvfqd89dw8kqmrjfaz6zt8gfggcg93p4tm3s2slv4jrszuugfmtl3rhfq has some videos about setting up multi-sig that are a good introduction. It really isn't hard to do with either Nunchuk or Sparrow wallet. Just need a few separate hardware wallets.
The hardest part is having separate locations where you can store them and each of their seed backups geographically separated.
The average person I’m dealing with is holding 15 BTC on fucking exchanges as they have no clue what a HWW is..
Also dealing with companies adding it to their treasury..
I’ll have look at his videos… thanks for the information.. appreciate it! 🫡
We must walk in very different circles. lol
I am dealing primarily with folks who think they will never be able to afford a single full Bitcoin. They're probably right, too.
I am just finding these people who have blindly trusted me from my social media posts and then eventually reach out and ask for help.. it’s scary but I’m here to help!
You are right! Most people will never own a full coin and probably not even control a spendable UTXO..
We are SO EARLY - education on the system needs to be ramped up and it’s us who needs to do it because the normal way is never gonna do it because it goes against everything they’ve been told to teach..
#bitcoin #freedom #nostr