Bitcoin Cold Storage Secrets (How Not To Mess It Up)
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 Published On Mar 19, 2022

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In this video, I discuss Bitcoin cold storage, and its advantages over hot wallets.

Hardware wallets are the gold standard of Bitcoin cold storage. Single-sig is fine for beginners, but more advanced users will want to learn about how to store their Bitcoin using multi-sig.

Collaborative custody for multi-sig is more user-friendly, but comes with the risk of personal data leaks, like Unchained Capital recently experienced.

The best solution is DIY multi-vendor multi-sig using geographically dispersed hardware wallets.

Recovery seeds are an important way of backing up your Bitcoin cold storage. Be careful never to upload your recovery seed online, as a text string or image, or your Bitcoin could be stolen.

Not investment advice! Consult a financial advisor.

My favorite hardware wallets:
https://trezor.io/
https://blockstream.com/jade/
https://coldcard.com/

BIP 39 word list:
https://www.blockplate.com/pages/bip-...

How to Buy and Store Bitcoin (The Right Way):
   • How to Buy and Store Bitcoin (The Rig...  

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
   • Best Way To Store Large Amounts of Bi...  

Collaborative custody with multi-sig:
https://unchained.com/
https://keys.casa/

The downside to collaborative custody:
https://www.coindesk.com/business/202...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#ColdStorage
#HardwareWallets

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