EXCLUSIVE: Mark Zuckerbergβs $300 Million Yacht Docked in Fort Lauderdale Flying Marshall Islands Flag in Attempt to Avoid Paying US Taxes
From Laura Loomer
Photos exclusively obtained by Loomer Unleashed show META CEO Mark Zuckerbergβs new $300 Million yacht Docked in Fort Lauderdale, Florida, flying a Marshall Islands Flag in an attempt to avoid paying United States taxes. Zuckerbergβs yacht was originally built for a Russian oligarch and became available for Zuckerberg to purchase due to the United States [β¦]
Mar 25th 2024 12:23pm EDT
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Avoiding being robbed is an honorable effort; don't discourage it just because you dislike the person who is succeeding. Use that energy to discover your own escape from tyranny instead!
Because tyrants gonna tyrannize...π π‘π€¬
> "We donβt want to buy Bitcoin on our own. We will wait until weβre there with you."
>
> β My parents
*Welcome to the latest issue of the Bitcoin For Families newsletter. This issue covers the cold storage setup Iβve planned for my parents.*
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## Setting up cold storage for my parents
My parents have finally decided to buy some bitcoin.
Theyβve heard me talking about the demise of the US dollar and the Euro but I doubt that they have decided to buy some bitcoin because of that.
They are saving in bitcoin because they know that I save in bitcoin and they think it is prudent to put a very small share of their net worth into the same asset that I use for my savings. And Iβm ok with that.
My parents use laptops and are comfortable with technology at a user level but they are far away from feeling comfortable doing something totally new.
Therefore, I was not surprised when they said that they would like to buy some bitcoin but, that they didnβt want to do it on their own, that they would wait instead until they are with me so that I can hold their hand throughout the process.
They will be visiting the beautiful Pacific Northwest in a few weeks and in preparation for their visit I have ordered everything that theyβll need to securely hold some bitcoin:
- [Coldcard Mk 4](https://coldcard.com/)
- [Data only USB cable](https://store.coinkite.com/store/magusb-c)
- [16 GB microSD card](https://www.amazon.com/dp/B07CV344WJ?_encoding=UTF8&psc=1&ref_=cm_sw_r_cp_ud_dp_43XMW06BECZ42QWZXEZG) x 2
- [microSD reader](https://www.amazon.com/dp/B07CV344WJ?_encoding=UTF8&psc=1&ref_=cm_sw_r_cp_ud_dp_43XMW06BECZ42QWZXEZG)
- [Seed plate](https://store.coinkite.com/store/seedplate)
- Plus the [Sparrow](https://www.sparrowwallet.com/) wallet to be installed in their Macbook Air
I will be using my own seed plate [puncher](https://store.coinkite.com/store/drillpunch) so no need to buy one for them.
The focus is on simplicity:
- They need to feel very comfortable with the requirements of self custody their money, buying more bitcoin and sending it to the Coldcard.
- They need to feel capable of sending bitcoin to another wallet if they need to.
## Coldcard setup
- The Coldcard will be setup with a 12 words seed. 24 words is overwhelming and not necessary.
- The 12 words will unlock wallet #1 with a small amount of bitcoin.
- A simple word added as a passphrase will unlock wallet #2 with the rest of their bitcoin.
The passphrase will give them peace of mind. They will know that even if somebody steals their seed plate, they wonβt lose their money. This would include:
- If a bad actor inspects or confiscates their seed plate while they are traveling back to Spain.
- If they need to disclose the seed under duress.
They can share this word with my sister and I without sharing the seed and know that if they pass away, only we will be able to access the funds once we get hold of the seed plate.
The Coldcard will have two pins: the real one and a pin setup to brick the device. The brick pin will be taped to the back of the device so that if someone steals the device, they will surely try that pin and render the Coldcard useless. My parents will know to NEVER use the pin taped on the back.
## Seed backup
The Coldcard will be backed up to one of the microSD cards. The other one will be used for air gapped transactions.
The Coldcard, seed plate and back up microSD card will be stored together in the same place where they keep their passports.
## Buying more Bitcoin
Iβll import the details of both wallets into the Sparrow application and show them how to generate a new bitcoin addresses if they buy more bitcoin and need to transfer it from the exchange and into cold storage.
They will buy KYC bitcoin. Trying to get them to buy non-KYC bitcoin at Robosats is just too much.
## Selling Bitcoin
I will show them how to approve an air gapped transaction. I will also write down the steps in a document saved on their computer and record a video while executing the steps.
An air gapped transaction is more complex than receiving bitcoin but hopefully they wonβt be selling bitcoin anytime soon so they just need to feel capable of doing it _if needed_.
## Hot wallet
While they are here, I will also install the [Phoenix](https://phoenix.acinq.co/) lightning wallet in their phones so that we can settle bills easily back and forth once theyβre back in Europe.
I can remotely do this with my sister as well so that the whole family can start sending bitcoin back and forth to each other.
## Additional references
BTC Sessions has a fantastic tutorial on the Coldcard. It is a long video but very comprehensive.
And conveniently, Guy Swann just released an episode on [Basics of key management](https://www.fountain.fm/episode/UreRLJJcDUOWO2Aft0qU) (the trick about taping the brick pin to the back of the Coldcard is from this episode π).
And thatβs it. Please let me know what you think about this setup as well as what you would do different in the comment sections below.
---
# Notable notes
nostr:note1ejufpdka09nqxtkhc3d3dcwrz6knxwy8xdxch0nhcljapmqsgnaqc2gjlj
---
# Recommendations
## Ben Goggin
Ben is the deputy tech editor and NBC News. He has 9.4 million followers on Twitter and yesterday (May 26th) he joined Nostr to find out what is the deal with this social network that Jack Dorsey keeps talking about.
Within a few hours of joining he had already discovered the power of being able to not only _Like_ but actually reward other people with money (_zaps_) for notes they publish that you find valuable.
Follow him on [here](nostr:npub1xm8eqzpz69yaf98zs88fene26wcca3hqfueg4qkdxm8kv2v547mslhzdar) to get a fresh perspective from somebody who is not a bitcoiner on the first decentralized social network: Nostr.
---
## What did you think of today's newsletter?
Your feedback helps me create the best newsletter possible for you.
Please leave a comment and checkout comments from other subscribers and readers. I love hearing from the Bitcoin For Families community β€οΈ ππ»
---
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---
## Buy Bitcoin with Swan
If you want to buy Bitcoin, I highly recommend using Swan. It's where I buy my Bitcoin.
They are on a mission to onboard 10 million Bitcoiners and get them to self-custody.
Use this [link](https://www.swanbitcoin.com/bitcoinforfamilies) to receive $10 free to get you started.
---
See you again next week!
β Alejandro
This newsletter is for educational purposes. It does not represent financial advice. Do your own research before buying Bitcoin.
Good article...
I'm migrating toward SeedSigner because I love that it never stores your private keys in permanent memory...π
You're more than welcome. I appreciate your work on this, and your family emphasis. I hope you find the technical engagement you need to move this forward, and I look forward to reading about your progress. ππ»ππππ
I like Chuck Baldwin and appreciate that he sees the evil in both red and blue camps, but he's still missing the memo... God said that establishing our own kings (presidents, emperors, etc.) is an explicit rejection of his rule over us (1 Samuel 8).π€π―π³π’
Top of the Morning to you!ππ»πππ«ππ
I hope your motor is revved up by now...π€πππ
Thanks for sharing your lovely intentions today!ππ»πππ«πππ
At first blush, this sounds far better than a centralized solution. Caveat; I read your article, but am not a nostr dev (at the moment) and so have not read the cited NIPs or thought deeply about your proposed architecture.π
Risk of "suicide" to be sure...π€¬
What have YOU been watching?
Uncle Sam wants to know...
For your own good, of course.π
A bat, seen from above through a strong fish eye lens, flying high above the countryside... A couple of treetops below, and a tree-lined valley through the mountains ahead.π
#InkblotArt
Actually, Ephesians tells us that King Jesus is presently ruling the world *through* the church (Greek ecclesia, meaning "assembly"). Jesus' assemblies, unlike the enslaving governments we've experienced all our lives, are (when operating biblically) 100% voluntary bodies that report directly and only to Jesus as their Sovereign.
https://peakd.com/library/@creatr/the-kingdom-of-jesus-god-the-heavens-my-library-shelf
Try complaining to the author of your client.π
Brilliant!
This is at the heart of authentic "education." Children soak up knowledge like sponges when pursuing their God-given internal interests!
Rock on, my Friend! Keep feeding your child's in-built passions, and they will be tremendously blessed all their life-long.ππ»πππ«ππππ―
Good Night...
Rest well !
All politicians are the enemies of all Americans. The state (aka "the government") is the sworn, satanic, demonic enemy of all humanity. Participating in their organization is counterproductive, because they are NOT your friend.
Jesus, our Creator/God is the only one with an authentic right to rule us, and the incredible good news is that he is a truly benevolent ruler who has our best interests at heart. Jesus is truly worthy of our allegiance.ππ»π
Ummm, yah...
Have you?π€
Try, for example, 1st Samuel chapter 8...
God NEVER "instituted a human government." He absolutely condemns human government, explicitly stating that any such government is a REJECTION of God himself as our governor:
"Then Yahweh said to Samuel, βListen to the voice of the people in regard to all that they say to you, for they have not rejected you, but they have rejected Me from being king over them."
- 1 Samuel 8::