TheGrinder

bitcoin

The Banana Milkshake

Always fruit inc Banana. Icecream shakes are the scam version of real Milkshakes.

Taking control of your Bitcoin in less than 10 minutes

Banks are scamming noobs when they try to buy Bitcoin in Spain LaCaixa

javier

If you're in Spain and your financial service provider is attempting to be your legal guardian, Santander's Openbank doesn't overreach, accounts are "maintenance fee" free and I never had a problem with them with Bitcoin/Crypto related transactions.

I guess the video markdown to YT didn't work. damn https://www.youtube.com/watch?v=YP0oCxpoOk0

After a week of drama all around the crypto space and after, once again, thousands of people having lost their savings with custodians and "crypto banks", I've decided to make this short video.

Making this video took me less than 20 minutes so if you don't manage your own private keys yet, this shouldn't take you more than 10 minutes to reach peace of mind with your HODL coins.

Before we start let me however clear up some very common misconception we encounter every time when people talk about this topic.

1. There is no such thing as self-custody. 
2. There is no such thing as moving coins TO your wallet.

#### Wait, what?

Correct, ALL coins and NFTs only exist ON their respective blockchain. Thus you cannot move coins TO a wallet or store coins "off-chain". The only thing you can do is moving your coins, tokens, NFTs to an address for which you control the private key giving you access to your assets ON the blockchain.

Once you understand this you'll also understand that your wallet cannot get hacked, you cannot lose coins and if you lose your phone or your HD crashes the only thing you'll ever need to regain control over your assets ON-CHAIN is the private key controlling access to those assets. 

In other words, your wallet is a signing device and your private key identifies you as the owner of any asset "associated" ON the blockchain with that address.

#### So let's do this!

(Note: The wallet used in this example is deemed compromised. Do not send tips to any address, do not use these keys or seed in any form whatsoever!!!)

[![Bitcoin self-custody](https://nostr.build/i/nostr.build_e5f4a3a79ebca5213e464564995c775b00d1fdfc55e0fb616a623d35e1b64cd0.jpg)](https://youtu.be/YP0oCxpoOk0 "Take control of your Bitcoin in less than 10 minutes")

The markdown to link the image to YT doesn't seem to work -> https://youtu.be/YP0oCxpoOk0

You see? I've created a fresh wallet in less than 10 minutes, backed up the seed (of the entire wallet) and I backed up the private key of a single address which I (demo wise) planned to use.

10 minutes of my time to protect myself from Counterparty failure, insolvency or rug pulls FOREVER.

Now that you understand the beauty of private keys, did you know that you can import the same key into various wallets to access your coins from any device you like? That's because your coins are on the blockchain and you can "sign" to access them from ANY device or numerous devices. Again, that's why you cannot lose coins even if your device gets lost or breaks down.

Thanks for taking the time to read/watch. I hope this will take the so called "self-custody" fear away from some of you.

#### References:
Wallet used: https://electrum.org/
Managing private keys: https://www.investopedia.com/terms/p/private-key.asp

pure banana is lovely too! I usually go with what I have sitting around and with the current mood. But when it comes to Milkshakes I like mine with fruit rather than flavoured ice cream mixes.

@chickenmarinade's bio

chickenmarinade

I've just made myself a nice banana shake and figured I'd use it to test post formatting on stacker news. So here it is. Grinder's banana shake.

![banana shake](https://nostr.build/i/nostr.build_34a9d977d96f4cc0a3f02289a5111cc5c4782b5c576c91e911a98125bc43d3c3.jpg)

## Ingredients:
* 2 small sweet bananas
* 400-500ml of milk
* 1 tea spoons of brown sugar
* 1 yoghurt
* 1 raw egg

Throw it all in a blender and blend it well. Add a few ice cubes, blend again. Fill to a nice highball glass, garnish with fruit or a flower for the eye and enjoy.

That's it :)


@TheGrinder's bio

Global Citizen, Bitcoiner, Content Creator, Gamer, Creator of Burgers, Super Hero, future owner of Mars. #nostr npub1de6l09erjl9r990q7n9ql0rwh8x8n059ht7a267n0q3qe28wua8q20q0sd