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Satoshi Consult🔑
18a7f1051451787944bd3833e5f430221b4a80340107491399f3aee0bbc51c24
A Bitcoin self custody & merchant adoption consulting firm for businesses and individuals⚡ Established Block 745497.

Today nostr:npub1n6xaj8fpapnaa3rys69g6862ylqwzy798ce090kq5lrwykkja82sv7pnh9 and nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly onboarded Nybo Regenerative Gård to accept #bitcoin as a medium of exchange.

Contact Nybo Regenerative Gård and check out the website if you're looking for excellent meat, eggs and vegetables.

post@nyboregenerative.no

https://nyboregenerative.no https://video.nostr.build/02b6d4c65e655fd784f60a54fa7f3dedaf2169d7db5f69f0b2dade64b8bd62b0.mp4

Today, nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly onboarded Novus Academy, a Norwegian martial arts center to accept #bitcoin as a medium of exchange.

We're planning a OsloPleb Bitcoin Meetup at Novus Academy in November, so stay tuned.

Show Novus Academy some love.

Lightning address:

novus@bb.no https://video.nostr.build/f9ccb47c772d7e5db3e2d4a05837b4c01c5063d339fcbe72306280ae4168cd28.mp4

In a poll, only 13,5% store their generational wealth in multisig.

nostr:npub1n6xaj8fpapnaa3rys69g6862ylqwzy798ce090kq5lrwykkja82sv7pnh9, the founder and CEO of nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly got interviewed on safe storage of generational wealth in this Norwegian Bitcoin podcast.

Improve your #Bitcoin self custody before it's too late!

https://fountain.fm/episode/5Q5NQAulGjQZBR72QMMo

OsloPlebs Bitcoin Meetup is making a comeback at Cin Cin Café. The only restaurant in Oslo that currently accepts bitcoin as a medium of exchange.

OsloPlebs Bitcoin Meetup is a social and informal meetup arranged by nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly and Bare Bitcoin.

If you love Bitcoin, why not show up and meet likeminded Bitcoiners?

Welcome!

https://www.meetup.com/osloplebs-bitcoin-meetup/events/303389050/

A truly special UI/UX designer was hired and paid in #bitcoin through

plebwork

The beautiful illustrations and animations are now merged into the Satoshi Consult website.

- What do you think about the UI/UX on the website?

- What can be improved on the Satoshi Consult website?

https://satoshiconsult.com nostr:note14azvda9qk79nfrs0hmnqjczxn4djvvnf609pp3qjkqjtws2y3lysvrj70n

In this poll by a Norwegian podcaster, only 13,5% respond that they store their #Bitcoin in multisig.

- 44,9% store their generational wealth with singlesig

- 35,3% store their hard money at an exchange

- 13,5% store their Bitcoin in multisig

- 6,4% store their BTC in a hotwallet

Why choose multisig and eliminate single points of failure?

By requiring multiple private keys to authorize transactions, multisig eliminates single points of failure, enhances security and flexibility, making it ideal for both individuals and organizations.

To the 35,3% storing your Bitcoin at an exchange. Avoid custodial solutions. Self-custody is critical. If you don't control your private keys, you don't truly own your Bitcoin. “Not your keys, not your Bitcoin.”

Honeypots like exchanges will continue to get hacked. With higher Bitcoin prices, exchanges will be even larger goals for hacks and thefts.

Singlesig wallets, where one key controls everything, are simple but risky. They involve a single point of failure. Lose the key, and you could lose your Bitcoin forever. Multisig, however, removes this single point of failure by requiring multiple keys for transactions.

In a multisig setup, multiple private keys are required to authorize a transaction. This is represented as “m-of-n,” where ‘m’ keys out of ‘n’ total keys are needed. Common setups like 2-of-3 or 3-of-5 strike a balance between security and ease of use.

Multisig offers enhanced security. If one key is lost or compromised, your Bitcoin is still safe with the remaining keys. It’s a safeguard against loss, providing peace of mind that singlesig cannot match. A lost mulitisig key can also be replaced.

Beyond individual security, multisig is perfect for organizations and businesses. It enables collective control over funds, preventing any one person from unilaterally spending Bitcoin. Businesses, non-profits, and even families can benefit from this collaborative approach.

Multisig also acts as a disaster recovery tool. If one key is lost, the remaining keyholders can still access the funds. This ensures that Bitcoin isn’t lost forever due to a single point of failure, which is a significant risk with singlesig.

Multisig can facilitate trustless escrow transactions. By involving a neutral third party as one of the keyholders, funds are only released when all parties agree. This minimizes the risk of fraud and disputes, making Bitcoin transactions more secure. Example HodlHodl

For estate planning, multisig allows for secure and resilient transfer of digital assets. By distributing keys among trusted family members or advisors, you can ensure your Bitcoin is passed on securely, preventing any single party from gaining full control.

While multisig provides superior security, it comes with trade-offs like increased complexity and higher transaction fees. However, the protection it offers often outweighs these drawbacks, especially for long-term storage of significant amounts of Bitcoin.

Setting up a multisig wallet involves choosing a wallet that supports multisig like SparrowWallet by nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 , configuring the m-of-n setup, and distributing keys securely. Testing the setup with small transactions is crucial before using it for significant amounts.

Multisig enables separating your keys geographically. This buys time, increases risk for attackers, and limits their ability to compromise all keys at once. Dedicated hardware wallets representing each key also add an essential security layer.

For those who prefer some expert support, collaborative custody is an option. You maintain control of the majority of keys, while a trusted partner holds one key. Unchained, Casa and Nunchuk have excellent inheritance services built on collaborative custody.

#Bitcoin multisig is a powerful tool for anyone serious about securing their Bitcoin. Individuals, businesses, organizations, can utilize multisig for enhanced security, disaster recovery, and collaborative management of funds, making it a cornerstone of Bitcoin security.

Today nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly bought #bitcoin

It's the 57th time Satoshi Consult have stacked sats in 2024

“Stay humble and stack sats” - nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

“DCA all the way”

Satoshi Consult is looking for a seasoned UI/UX designer with Figma skills.

Check out the job posting at Plebwork:

https://www.plebwork.com/work/ui-ux-designer-euehy

Satoshi Consult provides tailored Bitcoin consultancy services for individuals and companies.

Services:

- Master Bitcoin self custody

- Accept BTC for payments

- Implement a Bitcoin Strategy in your business

- Learn and improve Bitcoin privacy and security

- Bitcoin Keynotes and workshops

https://www.satoshiconsult.com

Whether you’re a company or an individual, Satoshi Consult provides tailored Bitcoin services to your needs.

Services:

- Master self custody

- Accept BTC for payments

- Implement a Bitcoin Strategy

- Improve privacy and security

- Keynotes and workshops

Book a call today at

https://www.satoshiconsult.com

On Bitcoin Pizza day, nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly onboarded the Italian pizza restaurant Cin Cin Café to accept Bitcoin over Lightning and NFC.

Cin Cin Café is currently the only merchant in Oslo accepting BTC for Payments.

https://btcmap.org/merchant/node:9994728017 https://video.nostr.build/d839a7975c0b3ef1c1abe75e767725d959511e6c978231f5f8bdfa3975fcdfac.mp4

The second BitDevs Oslo is scheduled for Monday April 8, 2024.

BitDevs Oslo is organized by the two Norwegian Bitcoin-only companies nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly and Bare Bitcoin (which translates to Bitcoin-only)

BitDevs Oslo is hosted in the beautiful office space of the Norwegian software company Agens.

There will be KeyNotes and discussions on the subjects

- Covenants

- Drivechains

https://www.meetup.com/bitcoin-developers-oslo/events/299810289/

https://github.com/Tobben67/BitDevs-Oslo

“Bitcoin Scoops Up Stranded and Excess Power”

Excellent article by nostr:npub1y0gaju64gxtw2utz9dud9ju9nlg7k4u7yq5exkxrcw85myplzdlsf5jxa0 on the benefits of Bitcoin mining and demand-response.

https://www.aier.org/article/bitcoin-scoops-up-stranded-and-excess-power/ nostr:note1hkvsckkg9xugt535tejfpt30qtv9pwj6ch6kyc208y0whwsq27vqt9ltel

To quote nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy from nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq #294: THE GREATEST BITCOIN BULL RUN OF ALL TIME?

“It looks like nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg with nostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv, nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz & nostr:npub1p4kg8zxukpym3h20erfa3samj00rm2gt4q5wfuyu3tg0x3jg3gesvncxf8 have been a lot more productive during the nostr:npub1s0veng2gvfwr62acrxhnqexq76sj6ldg3a5t935jy8e6w3shr5vsnwrmq5 in Madeira” - nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy

- App (iOS & Android)

- Progressive web app

- Self hosted nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg at StartOS from nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll

- ecash (Cashu & Fedimints) in progress (ref. nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz on nostr:npub1qdcakl75gd7wv0nqmmwrz09ddm5tzl7xj8lq2gclng2qzd8up5yqjpzclt BR061)

- Coming soon: Coinjoin

- Coming Soon: Synthetic USD

nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly agree with nostr:npub1zxp8deh8hk7klvy3fe0cu678cp8lscfx8njvrtjw3cvuqst9adxseahh37

Brick by brick. An empire is forming.

https://fountain.fm/episode/QFEx3I2pV0qrEQgNjDLj

https://fountain.fm/episode/nmRkZ5ijhH9ZxhEX6PM3 nostr:note1c4y4mchjrzy5rdskyd68nk7wkvd82x7xyklteue9gkv7774gxrlq42wznk

props where props are due

https://primal.net/e/note1qafyp56lkr3qpd94rf8ckl86qqzwufhh8mvvssz0u3hus2y237lqzezvvw nostr:note13r3amkkesugsyxe7vduej2hc8xeqa8pcje9aapwg9u53c5evg7ushpgfw5