Read_459 - Call me Ishmael [BitMex]

November 06, 2020 • 00:23:09
Read_459 - Call me Ishmael [BitMex]
Bitcoin Audible
Read_459 - Call me Ishmael [BitMex]

Nov 06 2020 | 00:23:09

/

Hosted By

Guy Swann

Show Notes

"One can use a “brainwallet”. Refugees need to carry nothing with them, all they would need to do is remember a Bitcoin wallet passphrase. Funds, potentially millions of US dollars, can therefore be effectively stored inside of one’s mind." - Bitmex research

What is a bran wallet and what exactly are the risks and benefits of trying to store Bitcoin in your mind? Is it so simple as generating a key from your favorite quote? Or could this just be a recipe for disaster?  In a time where it is more important than ever to hold your own keys and prepare yourself for the raging bull, Bitmex Research brings us a timely article about the security and concerns of storing Bitcoin in your brain?

Check out the phenomenal amount of research at the Bitmex blog:
https://blog.bitmex.com/call-me-ishmael/

Don't forget to check out the awesome wallet by our sponsor Hexa Wallet! So many great features available to hold your own keys and protect yourself from loss in the case of disaster. Find them at Hexawallet.io

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

January 26, 2023 • 01:01:55
Episode Cover

Basics_01 - Bitcoin... What is it?

Sure, everyone tells me that bitcoin is a new technology. That it's magic money for the internet and tokens you can buy and stick...

Listen

Episode

April 21, 2022 • 00:48:09
Episode Cover

Read_620 - Reading of the Transcription of the Recording of the HODL vs DeaterBob "Debate" [Stephen Chow]

"You’re a thirsty bitch. You like to gargle Peter’s balls." - DeaterBob This is happening and there is nothing I can do about it...

Listen

Episode

December 02, 2025 • 00:06:21
Episode Cover

2Sats - What Does $6 Trillion Mean

In this 2Sats refresh, I revisit one of my most-shared videos - What Does $6 Trillion Mean? It’s a quick but powerful look at...

Listen