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btcschellingpt
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Bitcoiner Rational optimist #AUStrich OpenSats Bitcoin Brisbane bitcoinbushbash@nostrplebs.com Honeybadger Noob Day Working on https://primal.net/EscapeHatch

Resilience: Create an emergency-use bitcoin wallet

Ignoring how you secure your bitcoin, most of us have thought through various scenarios where the plan is:

I'll move my bitcoin to a new wallet

So let's think that through ..

If one of your multi-sig keys is lost/compromised, or a tamper-evident seal on a seed is violated, or your hardware wallet is stolen, then we can all agree two things are immediate:

1. You'll be compelled to act with urgency

2. You'll have a heightened state of stress

These two qualities are great for keeping us safe from lions in the savanah, but not so great for the cool calm thinking and the careful process to follow when securely creating a new wallet

So, pick a quiet calm time and go through your process for creating a new wallet, then keep the xpub, or a single address, easily accessible for just such "emergency use"

Like house insurance, no-one wants to have to use it, but if you need it, then having it in place is going to protect you

Easy and cheap to do -> peace of mind.

7. Internet connected closed source GPS enabled pocket device with microphone .. that you carry at all times to provide your unique daily movement signature

8. Internet connected closed source GPS enabled vehicle (ie anything with maps) that identifies your home, work and regular location patterns nostr:note1zxdftk096uynghznr9a38wr4ldcvcnrycmf4y0eaqyh5ydcyz22s398jg7

On overall energy consumption for mining, or on the mempool not emptying, or..? 🤷‍♂️🧡

Replying to Avatar TC

Fees! 👀

Love to see it 🧡

Bitcoin working as designed

FFS dude .. you just fucking with all the people fasting today aren’t you? 🤣

Awwww poor Ben .. maybe this’ll help😜