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0 sats \ 0 replies \ @DarthCoin 31 Jan 2023 \ on: Bitcoin hodlers bitcoin
Your "prove" the ownership of your bitcoins with the 12 or 24 words seed.
These words create a public and private key.
That is the magic trick and is all you need. And NOBODY else should see those words, only you.
You can always check any BTC address into a Bitcoin Blockchain Explorer, like https://mempool.space or https://blockstream.info
Now, you can save those words into:
- your brain, memorizing them
- a piece of paper, saved in a safe place
- a metal plate, also hidden in a safe place
- a device called "hardware wallet", that is a secure chip, used to sign any BTC tx with those keys
- in a picture, using the steganography method
- or simply spread the words in a text, in a letter to your loved ones.
- an encrypted USB, usually with TailsOS so you can use it anywhere you want, safely and many other places and methods. It's all about storing safely those words/keys.
Please start reading:
- Bitcoin documentaries
- Bitcoin be your own bank - think like a bank
- Build your HODL wallet with TailsOS
- Deposit only wallets
- Getting started with Lightning Network
and many more on my substack (see the right side list of resources links)
and also here:
- https://bitcoin.page
- https://lightning.how