OgFOMK ArTS on Nostr: The Bitcoin on chain protocol does not depend on any specialized hardware to hold ...
The Bitcoin on chain protocol does not depend on any specialized hardware to hold your money. All you need to have is your signing key which is never part of the network. You have a receiving key that is public and a private key that is private. A signing device is a tool that does this. The protocol has signing devices in hot wallet, could wallet configurations. Your actual Bitcoin doesn't even exist! It's a ledger entry that is public and it's within the realm of 2.1 quadrillion parts.
The bitaxe is a mining device that has nothing to do with custody of your own Bitcoin.
Since it took me about 7 years to understand the basics I would recommend you do the same. If your signing device breaks it's nothing as long as you have your keys written or stamped and in a secure place. That's what self custody is all about.
Your credit card is an inflation creating device due to fractional (and not so fractional) reserve banking where money, digitally is created out of nowhere without any work.
Your welcome. I pray that you can understand how this works. I pray that in service to God you have no need for any of this.
Usury is not freedom.
The bitaxe is a mining device that has nothing to do with custody of your own Bitcoin.
Since it took me about 7 years to understand the basics I would recommend you do the same. If your signing device breaks it's nothing as long as you have your keys written or stamped and in a secure place. That's what self custody is all about.
Your credit card is an inflation creating device due to fractional (and not so fractional) reserve banking where money, digitally is created out of nowhere without any work.
Your welcome. I pray that you can understand how this works. I pray that in service to God you have no need for any of this.
Usury is not freedom.