You need to know how to actually secure your Bitcoin beyond leaving it on an exchange! In this episode, Kenshin and McIntosh break down everything you need to know about Bitcoin wallets — the foundation of true self-sovereignty. You'll discover why wallets don't actually store Bitcoin (they manage your private keys), the critical difference between hot and cold storage , and how to properly backup your seed phrases without losing everything to fire, flood, or forgotten passwords. Learn their personal recommendations for beginners, advanced multisig setups for serious Bitcoin holders, and the essential 3-2-1 backup strategy that could save your Bitcoin from disaster. Plus, real horror stories of people losing millions and how you can avoid their mistakes. Whether you're taking your first Bitcoin off Coinbase or planning a bulletproof inheritance strategy, this episode gives you the practical roadmap to true Bitcoin self-custody. News and Notes https://atlas21.com/coinbase-69461-users-affected-by-december-2024-data-breach/ https://atlas21.com/bitcoin-malware-discovered-chinese-printer-manufacturer-involved/ https://atlas21.com/ecb-digital-euro-by-mid-2028-says-cipollone/ Eight Cases of Lost Bitcoin Keys Stick around to the very end for the v4v track, “2 Billion Heart Beats” by Jawbone Bitcoin Price at Time of Recording May 21th, 2025: 107,500 USD | 94,500 EUR Block Height at Time of Recording: 897,733 Episode Page https://satoshis-plebs.com/episode-209 Music Credits Jawbone 2 Billion Heart Beats Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at
[email protected] and on Twitter at @McIntoshFinTech . His mastodon handle is @
[email protected] and his Nostr . Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr . Kenshin’s email is
[email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr . We are looking forward to hearing from you! We are looking forward to hearing from you!
