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98 sats \ 8 replies \ @DarthCoin 9 Dec \ parent \ on: Reminder to Check Your Bitcoin Setups (Seedphrases, Backups, HWWs, Passphrases) bitcoin_beginners
Is OK what OP says in the guide. As long you use the 3 levels stash, is up to each of you how to manage the levels.
What I do not like to see is people using only a single level of stash, in a HWW.
Do you want to use multisig as a single user of a wallet? That in my opinion is quite stupid, you complicate your life itself. Multisig is for corporations where more than one user must have access to a large amount of sats.
Complex systems do not means is more secure. It means you lack of knowledge and imagination.
My always advice:
In all these 12+ years I followed this rule and never lost any sat or get robbed.
Install also on this KeePass password manager (it comes also in Linux Mint as base app), to keep at hand all your Bitcoin information. Save the KeePass database on a secure USB stick, encrypted. You can use Linux disk manager to encrypt your USB. That means every time you open that USB, it will ask you for a password. And every time you need to consult your passwords and accounts etc from that KeePass database you will HAVE to plug it into your PC and open it. Make a copy of it on another USB.
Guess this answers my question: yes, PW managers for this exploding amount of information
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Are also good to generate complex random passwords, login informartion, additional information etc
For example: when I create a new LN node, i do not save only the seed, but also I save the nodeID, some first generated BTC addresses, xpub, channels backup, NWC, LNDhub info etc
You see when you use all these tools you have a lot of info that is good to have it at hand when is needed. because you will need it.
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When it comes down to it, @DarthCoin has thought of everything
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We need to adapt to Bitcoin and not the way around.
Bitcoin will change our life forever, in many aspects. And those refusing to adapt to it, will be the losers.
And I will give you a simple example of how you can use your imagination and knowledge, without complicated things and tools:
How about I use https://publicnote.com/ and encrypt a seed inside a seed with the text I sent to my mom in a letter/email that nobody could think about it being the clue of opening a wallet?
Or maybe a small paragraph of one of my guides if you use it in PublicNote it will reveal a wallet seed ? Good luck finding that phrase.
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This site is cool!! You can create a message share the title then they can receive the message and delete the contents!
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Exactly. You can do a lot of cool things with it. It literally encrypt a text message.
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Elon will show up on Mars... only to see a DarthCoin guide printed on a local sign.
"He was here too?!"
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Ha!
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