teachin_bitcoin on Nostr: ...
Dad: Son, I just put my Bitcoin in a safe deposit box.
Son: Hi Dad,
Your bitcoin lives on the blockchain.
Dad: Okay, I put the seed words and my hardware signing device in a safe deposit box...
Son: Dad, trusted third parties are security holes.
Better use mulitsig and store just one leg of your mulitsig quorum in that safe deposit box.
#Bitcoin
Published at
2024-11-11 03:26:10Event JSON
{
"id": "ffa6ec2203a1d732608b547c74755ce7eb7090d96e185cb997d13d4002f00973",
"pubkey": "e0893162d4045dd1113c6e1c29f70c47bb7461abed042b6c33308fe7d96d2502",
"created_at": 1731295570,
"kind": 1,
"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/i-put-my-bitcoin-in-a-safe-deposit-box-spoiler-its-a-bad-idea.png\n\nDad: Son, I just put my Bitcoin in a safe deposit box.\nSon: Hi Dad,\nYour bitcoin lives on the blockchain.\nDad: Okay, I put the seed words and my hardware signing device in a safe deposit box...\nSon: Dad, trusted third parties are security holes.\nBetter use mulitsig and store just one leg of your mulitsig quorum in that safe deposit box.\n\n\n#Bitcoin",
"sig": "aecebe750d061aca2aab0ada08f647f1065c54989df0f06d406b3f224b37e67fcb949c8dfc27fa74359e981c796d2c343b38c44938bfe1aac630e641b642a910"
}
