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Basics_03 - Keys, Everything You Need to Know
Bitcoin Audible

Basics_03 - Keys, Everything You Need to Know

Feb 18 2023 • 46m

Show Notes

Not your keys, not your coins. What does this mean? Your Bitcoin keys are literally the keys to the kingdom. They are everything, they are the sole arbiter of ownership of the bitcoins behind them if you have your keys, and they are the impenetrable fortress for the bitcoins behind keys you do not have. They are the judge, the jury, and the verdict.
If you can grasp and internalize the relationship between you, your keys, and your bitcoin, then you can safely and confidently use bitcoin. And that's exactly what we are going to do, in the Bitcoin Basics Series, episode 3: Bitcoin Keys, Everything you Need to Know...

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Activity

@user_eclipse
4,000 sats
Feb 21 2023
BA has become my filler pod between weekly RHR rips.. getting lots of value and enjoying these basics eps as well. non technical so the hashing ep was info i didn’t know or hadn’t thought about before
@michaelmatulef
1,000 sats
Mar 8 2023
Understanding and holding your Bitcoin keys is truly a liberating experience. Something I keep coming back to is the question: "Does self custody of the base layer scale?" Right now, I think the answer is no, which is why we should reject calls for ossification. Bitcoin base layer self-custody should ideally be available for all users, including those that are at the tail end of the adoption curve.
@user8819670807290774
500 sats
Feb 20 2023
Earlier today I tripped over my wifes bra. It was a boobie trap.
@marksea
500 sats
Feb 21 2023
basics boost!
@telecasterfan
210 sats
Feb 18 2023
great episode! thanks for doing this series.
@markthebtcguy
100 sats
Feb 21 2023
loved how you explained owning BYC vs owning traditional assets like stock and bonds with the later being permission based and controlled by governments.
@user8053679005755690
100 sats
Feb 21 2023
You are doing essential work, Guy! Godspeed.
@anucool
100 sats
Feb 20 2023
Great episode. Thank you for laying down the essence of keys and why one should their own.
@classicaldad
Feb 20 2023
The number is so large, it really is beyond comprehension.