This site is dedicated to helping you progress your understanding of Bitcoin, and some of the technical aspects – easy, difficult, and outrageously extreme, but hopefully interesting. There’s something for all levels. Explore the menus above for various articles. This is a journey, and there is no requirement to go all the way. I’m just showing you the path (read below)…
If you are starting out, and want to know more about Bitcoin, I suggest you look at “A not too technical overview of this Bitcoin thing”, followed by a carefully constructed list, my Bitcoin Syllabus. This is a collection of resources that I have “consumed” and endorse.
If you are ready to buy bitcoin, I explain how to buy from an exchange. It uses Bitaroo as an example, but the process is generally the same for other exchanges. This one explains how to think about timing your purchases. Do your best to avoid altcoins. Here’s why. Trust me for now, but verify yourself as you learn more with time.
Once you accumulate bitcoin, you’ll soon want to learn how to keep it in your own custody. “Not your keys, not your bitcoin” – is the mantra for really good reasons. This is simple but still a good way to start, for small amounts. When you accumulate more than you can afford to lose, you should look at a Hardware Wallet. I recommend ColdCard, it is BY FAR the best – don’t be fooled by the not-so-flashy appearance. If this is too expensive, and you have some technical ability and time, you can make your own bespoke hardware wallet using an Air-Gapped Raspberry Pi Zero. It costs under $50 USD for all the parts. (My Twitter rant explaining why this is important).
Eventually, you should explore how to make a multi-signature wallet. It will drastically improve your security beyond what a ColdCard alone can offer. It will help you sleep at night if you store a lot of value.
After this, you should start thinking about running your own node. This article explains WHY. At the end of that article, there are links on various options on HOW.
After you are running your own Node, and are comfortable connecting your wallet to it (see video), it is time to take a step backwards, and create a brand new wallet, and more your funds from old to new. This wallet will be much more private than what you had before, because it will only ever connect to your node, and never to a public node. The old wallets, you will realise, are privacy-tainted.
Instead of making the wallets the way you did before, now that you have an Air-Gapped Raspberry Pi, you can use it in combination with regular dice, to create super safe and random Bitcoin Private Keys, which have never touched an internet connected device. It’s complicated, but very satisfying. If this is too much, you can do it in a more simplified way, and almost as good. Just not as fun. Then use these new private keys to make a multi-signature wallet.
If you go this far, that’s fantastic! Next would be to learn about mixing coins to enhance privacy. I will have articles on this soon.
You should also think about inheritance planning. Doing this can be simple, but doing it well is very complicated. It requires 1 to 1 assistance.
I decided to offer this as a service in addition to a mentorship program.
Subscribe. Nah don’t. There’s no need. Really.
OK, if you must…
Gladly doing this for free, but contributions appreciated; helps pay for hosting the website: