► This clip is from my monthly Live Q&A. Ask your own questions: https://cracktheorange.com
Learn how to keep your self-custodial bitcoin funds from being stolen, even if you don't use a hardware wallet. The Green Wallet offers an easy to use multi-sig option with 2FA.
You only have to add your email and an authenticator app and your funds cannot be stolen without the second authentication method. You can install the wallet on your mobile or desktop and use the email or authenticator method on another device to keep your money secure.
Additionally the Green Wallet offers Liquid and Lightning payments. If you're curious about what makes the Green Wallet different and why it might be the right choice for you, this is a must-watch!

CHECK OUT
-------------------------------------------
►► FULL TUTORIAL    • How to Use a Bitcoin Self-Custody Wal...  
►► SUBSCRIBE https://anita.link/news to never miss an update

TRANSCRIPT
-------------------------------------------
You have recently released a tutorial on how to install the Green Wallet. The Green Wallet offers multi-sig options. What makes it different from other wallets that offer multi-sig, too? Yes that's a great question also. And the Green Wallet multi-sig option is basically that you can add a 2FA authentication method to your wallet which means that you in the wallet you hold one key or the seed to your wallet, in the wallet. You write down the 12 words and additionally Blockstream, the makers of the Green Wallet have a key on their servers. And with that that key you can control with your 2FA method. That means let's say you take the Green Wallet and add an email and or a authenticator app to your wallet to this two out of two. Let's say you are a company and you are not allowed to sign sign alone a transaction or you can't afford a hardware wallet and or you don't have a hardware wallet yet, then this second factor authentication adds a second layer of security basically because if someone gets your wallet or your phone in their hands, they can only try to send the transaction but they need the the second key. So if you for instance have the Green Wallet on your desktop and the second authentication on your smartphone then no one can send from your desktop the money, like the the bitcoin from the desktop wallet, no one can send it without also having the second factor authentication on the phone. And I think that's a great opportunity and also for companies, for instance, where not you need at least two people, let's say, who are allowed to sign a company expense then one person can maintain their wallet and can basically send the transaction and the second person can send the code to authorize the payment. And that's the difference. The difference to the other wallets is the other wallets have different forms of multi-sig in that sense that let's say with the Sparrow Wallet and you set up a multi-sig then you need really three hardware wallets, for instance. So you make it two out of three, for instance. So you have a Ledger, a Trezor, a Bitbox and you have to connect all of those, setup a multi-sig installation or multi-sig wallet basically with all those three devices and that's a I would say more complicated, more complex setup that I would not recommend for beginners and so I believe that the Green Wallet option with the two out of two with the email or the authenticate option for 2FA is a great way um for beginners and for people who can't afford or are not able to to purchase a hardware wallet. So that's why I think the Green Wallet is a great option. Also with Green and that's the reason why I used the Green Wallet for this current tutorial. With Green you can also maintain a Liquid wallet and they are working on a self-custody Lightning account. So in the future you can have Liquid and Lightning in the same account with the same seed. You only need one seed for all these different types of assets and accounts. And my plan is going forward as soon as Blockstream releases or publishes the new Lightning functionality. Then I'm going to make a new tutorial. And also with rising fees at the moment it's also important to have options where you can send bitcoin with lower fees. So that's the Lightning network and on the other hand it's Liquid and I experimented a little bit with Liquid a few months ago and I want to do that in a few weeks in January again, a tutorial on Liquid and hopefully then also maybe Lightning with the Green Wallet.
___________
No financial advice. Do your own research.
___________
#bitcoin #bitcoinwallet #lightningnetwork