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Spack_Jarrow
npub15wl…jlue
2024-12-02 19:42:48

Spack_Jarrow on Nostr: What would people say is the best way for people who are getting off zero to keep ...

What would people say is the best way for people who are getting off zero to keep small amounts of #bitcoin ?

Options I currently know of that are out there:

- keeping it on an exchange, of which there are multiple options.

A) Strike- being a bitcoin only exchange which brings custodial lightning wallet features to the masses
B) River (npub1xke…d0en)- which offers interest payments out in bitcoin
C)Swan- still bitcoin only, offers a lot of good educational content
D)Any other bitcoin only exchange I haven’t mentioned
E) Any crypto platform exchange, I.e. Coinbase, Kraken, Binance, Binance US, etc.

- 2nd layer solutions:
A) Custodial #Lightning: #walletofsatoshi, #pheonix, The now late #mutinywallet, any others I’m not mentioning
B)Self Custodial Lightning wallets that from my understanding run a localized node on your phone or on a device you own like ZEUS (npub1xnf…lpr5), Breez, any others?
C) #ecash ECash Wallets such as #cashuu, MinibitsCash (npub1kva…tkzv), #e-nuts,
And from that resources on ecash mints that are trustable
D)Other wallets that have interoperability with lightning in some form like #muun, #bluewallet, Alby (npub1get…0nfm) and any others I don’t know about.
E) Wallets that use lightning and #sidechains or #drivechains (the difference of I don’t know) like #liquid , such as #aquawallet and #blockstream ‘s #greenwallet.

-3 Self custody a small UTXO and hope for things like #covenants like #ctv or check template verify?

-4 get a group hardware wallet or seed phrase and #bip85 password your own small amount

-5 Buy an ETF portion or #mstr

Any other options I’m not mentioning?

Thoughts jack mallers (npub1cn4…3vle), simplybitcoin (npub1vzj…x9gc), adam3us (npub1qg8…24kw), BTC Sessions (npub1rxy…hnp8) and anyone else who might be able to chime in on this discussion?

#selfcustody #lightning #getoffzero #liquid #coldstorage
#microstrategy #etf #strike #ecash #ecashmint
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