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Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Invest in crypto through a tax advantage retirement account with ITrust Capital!
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Resources:
Hodl Hodl Security Guide
Trading security guide. We are extremely concerned about your… | by Hodl Hodl | Hodl Hodl | Medium
Non-KYC Bitcoin: Hodl Hodl - a multisig P2P Bitcoin trading platform
Sparrow Wallet: Sparrow Bitcoin Wallet - Sparrow Wallet
Throughout this podcast, Kevin discussed the different aspects when protecting the privacy and security of your Bitcoin.
Those are buying Bitcoin privately, securing it properly, & coin management with labeling transactions.
When it comes to the privacy of your Bitcoin. You have the option of purchasing it using a Non-KYC or KYC platform.
The difference is when you use a centralized platform, they will have a KYC procedure. Where they ask for a lot of your personal information to open up an account.
Whereas with a Non-KYC procedure, you don’t have to provide any of that, and it allows you to protect your identity and privacy.
Kevin talked on the pros and cons between the two methods and the risks involved when considering either option.
He also explained the different cold storage methods on securing Bitcoin offline. Whether that’s through a hardware or software wallet.
Both options provide the flexibility of securing your assets and utilizing a multi-sig wallet. Where 2-3 people can sign a signature before any funds are released.
The freedom of using a software wallet is the ability to run your own node. Whenever you’re not running your own node, typically you are using someone else’s.
When that happens, you are giving up your privacy to a certain extent. Running a node allows you to validate and label your transactions.
Which allows you to take your security and privacy to another level. Learning about Bitcoin privacy is key to understanding the benefits of a network that’s truly censorship resistant and self-sovereign.
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
#bitcoin #privacy #guide #insightful #principles
By Kevin N Jenkins5
22 ratings
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Invest in crypto through a tax advantage retirement account with ITrust Capital!
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Resources:
Hodl Hodl Security Guide
Trading security guide. We are extremely concerned about your… | by Hodl Hodl | Hodl Hodl | Medium
Non-KYC Bitcoin: Hodl Hodl - a multisig P2P Bitcoin trading platform
Sparrow Wallet: Sparrow Bitcoin Wallet - Sparrow Wallet
Throughout this podcast, Kevin discussed the different aspects when protecting the privacy and security of your Bitcoin.
Those are buying Bitcoin privately, securing it properly, & coin management with labeling transactions.
When it comes to the privacy of your Bitcoin. You have the option of purchasing it using a Non-KYC or KYC platform.
The difference is when you use a centralized platform, they will have a KYC procedure. Where they ask for a lot of your personal information to open up an account.
Whereas with a Non-KYC procedure, you don’t have to provide any of that, and it allows you to protect your identity and privacy.
Kevin talked on the pros and cons between the two methods and the risks involved when considering either option.
He also explained the different cold storage methods on securing Bitcoin offline. Whether that’s through a hardware or software wallet.
Both options provide the flexibility of securing your assets and utilizing a multi-sig wallet. Where 2-3 people can sign a signature before any funds are released.
The freedom of using a software wallet is the ability to run your own node. Whenever you’re not running your own node, typically you are using someone else’s.
When that happens, you are giving up your privacy to a certain extent. Running a node allows you to validate and label your transactions.
Which allows you to take your security and privacy to another level. Learning about Bitcoin privacy is key to understanding the benefits of a network that’s truly censorship resistant and self-sovereign.
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
#bitcoin #privacy #guide #insightful #principles