Read_832 - Protect Your Bitcoin From $5 Wrench Attacks

July 06, 2024 00:44:27
Read_832 - Protect Your Bitcoin From $5 Wrench Attacks
Bitcoin Audible
Read_832 - Protect Your Bitcoin From $5 Wrench Attacks

Jul 06 2024 | 00:44:27

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Guy Swann

Show Notes

"Whatever your setup is for storing the majority of your bitcoin - be it hot or cold, online or offline, software or hardware - if you can access and spend it in a matter of minutes, so can a robber armed with a $5 wrench. The _price_ for convenience is risk**. This is not merely a theoretical scenario; I have cataloged over 50 physical attacks against bitcoin users, including myself!" ~ Jameson Lopp

How can you protect your Bitcoin from physical attacks and ensure its safety in a world where even a $5 wrench can be a threat? In this episode, we start our way into Jameson Lopp's comprehensive guide on safeguarding your Bitcoin from coercion, exploring practical strategies and multi-layered security measures. Discover why privacy, multi-sig setups, and geographic separation of keys are crucial in the fight against physical threats to your crypto assets.

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“The supreme art of war is to subdue the enemy without fighting.” ~ Sun Tzu, The Art of War

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