My employer came to me today and asked me if I could square him away on “Bitcoin stuff”.

He was pretty blown away that I already had a Bitcoin educational website built that I linked him to, and a full curriculum developed for teaching people about BTC acquisition, custody, transaction and security.

In five minutes I gave him enough material to easily keep him going for a couple of weeks, while he waits for his first signing devices and key storage hardware to show up.

I’m stressing the need to really understand the asset. And the need to stay current on best practices for the technical side of self custody. It’s not for everybody. Especially for people conditioned to using custodians for all of their investing and finance. So many people can’t even manage their passwords without relying on 2FA means of regularly recovering them.

I hope he knows what he’s in for, becoming his own bank…..manager, teller, head of IT, and head of security. I shudder to think. I hope he doesn’t rug himself by taking this responsibility lightly.

In a few weeks I’ll test his knowledge and whether or not he’s taking things seriously or not by offering to punch his seed phrases for 100k sats per set lol. Maybe make him number 3 on a two-of-three. Just because I care. Lol 😂

#bitcoin #grownostr

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Discussion

Get this man a full node and bitaxe!

I’ll see if he wants to spring for a seacan and a couple dozen J Pro’s lol. We produce enough wood chips we could likely run a wood gasifier in the yard behind the shop and get our power down to a few cents a kW-h.

😂😂 that's balls deep! Love it. I just solo mine on a bitaxe and modified s9 for fun. Wood gasifiers are so cool I got it on the bucket list forsure. Just need to learn how to weld lol

Plus the heat from the miners could heat the shop for free if you live somewhere cold

Yup, northern AB. Great place for it. If we wanted to we could just order a premade skid from Upstream Data whose manufacturing facility is only an hour and a half away. All self contained with a generator in one half and then racks/PDU’s on the other side of the enclosure. They’re deploying these units on oil and gas sites here, burning what otherwise would be flared gas.

Do you encourage noKYC?

I think it’s important to explain the difference and talk about segregation of the two. But I try not to have/create any illusions about the capabilities of motivated investigators to find connections between individuals and UTXOs.

Based Darkz.

In my mind buying a HW wallet before buying your firsts Sats is pretty good proof they understand what they buy.

Yeah I had his undivided attention on a trade show road trip a week ago and got that far lol