Podcasts: Read_832 - Protect Your Bitcoin From $5 Wrench Attacks đ 9 weeks ago
![Bitcoin Audible](https://bitpodz.com/img/feed/feed_57.png)
- Category: Podcasts | Bitcoin Audible
- Author(s): Guy Swann
- Published: 6th July 2024 13:31
"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.
Check out the original article at:
Links to check out:Â
- Office of Public Affairs | Man Convicted of Violent Home Invasion Robberies to Steal Cryptocurrency | United States Department of Justice (Link:https://tinyurl.com/3kdbb598)
- physical-bitcoin-attacks/README.md on GitHub (Link: https://tinyurl.com/yc88nehu)
- A Modest Privacy Protection Proposal (Link: https://tinyurl.com/4jrdscmu)
- A home defense primer] (Link: Link: https://tinyurl.com/4a8h2ce4)
- Bitcoin multisig time locking challenges | Casa (Link: https://tinyurl.com/3hefcx5f)
Host Links
- â Guy on Nostr â (Link: https://tinyurl.com/2xc96ney)
- â Guy on X â (Link: https://twitter.com/theguyswann)
- Guy on Instagram (Link: https://www.instagram.com/theguyswann)
- Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
- Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
- â Bitcoin Audible on Xâ (Link: https://twitter.com/BitcoinAudible)
- The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
Check out our awesome sponsors!
- Get â 10% off the COLDCARDâ with code BITCOINAUDIBLE â â â â â â (Link: https://bitcoinaudible.com/coldcard)
- Swanâ : The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
âThe supreme art of war is to subdue the enemy without fighting.â ~ Sun Tzu, The Art of War