Nostr Web Client

Unpopular opinion:

Large UTXOs are overrated

People underestimate how much the sats will be worth if and when you spend them

Unpopular opinion:

Steel plates with 24 words in plain text

Someone finds the 24 words they now own your bitcoin

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That’s what a passphrase is for my dude

What % of steel plate users do you think use a passphrase? 5%?

No idea, why you think it’s so low? Aren’t passphrases common?

My point is there is a very simple solution to that “problem”

What is your preferred back up method?

Agreed.

Simple to those who have done it.

But you first have to learn what a passphrase is first.

Then why you need it.

Then how to do it.

Then figure out how to store it.

Then make sure not to forget it or lose it.

People are lazy.

It doesn’t matter. Self governance is self governance.

Ecactomondo

Unpopular opinion:

It's okay to leave your bitcoin on an exchange while you learn about security

Learning how to secure Bitcoin takes time. No shortcuts in Bitcoin.

Steel plate only makes sense with geographically distributed multisig

This is why we use BIP-39 for seeds and BIP-38 for keys.

How do you recommend storing? Encryption?