Nostr Web Client

Setting up a newbie #Bitcoin holder with self custody in the next few days. Less than 2M sats, around $1K value.

Thinking maybe we start with Sparrow for desktop, or maybe BlueWallet on mobile, instead of spending $60-$200 for a hardware wallet plus a steel plate, right from the outset. Would feel a bit like overkill.

He’ll get to learn about private keys and UTXOs this way, and I can also plant the seed (no pun intended) of caution around hot wallets, and explain why internet connectivity presents a small — but real — risk.

And when he stacks harder and/or NGU, we can do a new lesson on HWWs, privacy, offline storage/backups, and perhaps KYC.

Any advice/feedback for this approach? Other recommended software wallets? He bought his corn on CashApp, which I’m pretty certain supports a withdrawal to on-chain addresses (?) and not just Lightning…

I’m still new to user-onboarding with Bitcoin (ie a sit-down meeting, as opposed to setting my bartender with Wallet of Satoshi during a lull in business). So I’m all ears for advice 🫡

#plebchain

#onboarding

#asknostr

Satillionaire 1y ago

Personally I would buy a Jade and set them up right. 2 million sats will be big money sooon

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Discussion

boston wine 1y ago

And that’s exactly what has me hesitating about the desktop software wallet approach 😂

But tbh I find the Bitbox and coldcard are both way more user friendly than the Jade, and I still don’t fully understand the idea of the server in place of a secure element.

But those are like 2-4x more expensive. Harder to justify (in a newbie’s mind) when securing $1K compared to seeing a huge NGU pump and thinking “ok wow Bitcoin does THAT so I gotta get the best hww I can”

Don’t get me wrong, I think the jade is dope, but not confident in recommending it to a brand new hodler