31 sats \ 2 replies \ @atl 19 Mar \ on: How do the wealthiest bitcoin holders secure their bitcoin? bitcoin_beginners
My end goal is to have a multisig setup with keys dispersed across the country, not jurisdictions. I still want to be able to recover 2/3 keys in a timely manner. Currently I have two singlesig wallets, one with a passphrase and one without. This is ideal as I am a relatively new stacker and don’t have enough coin to justify a robust multisig setup. As well as a couple handy lightning wallets of course. (Phoenix, Alby, Aqua) Recommendations? Generate your keys with a coldcard. Verify everything. I’m preaching to the choir at this point. IMO, I don’t like consolidating utxos. I just save enough fiat until I can buy a decent chunk of coin (1mil and up). I don’t do kyc coins at all either.
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21 sats \ 0 replies \ @BitcoinIsTheFuture OP 19 Mar
Sounds good. I have a bunch of smaller amount UTXO’s and the fees will be more sats than they are in the future to get them out. So I think a big condense now and bigger chunks later
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0 sats \ 0 replies \ @f6287b82CC84bcbd 19 Mar
And also ensure you have your own private transportation (that doesn't rely on software cloud updates) to reach those places
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