I've been working on something new, and it's finally here.
This is An Honest Node, my new cartoon series, and this is Episode 1: The Raise. 🧡
Frank gets a 5% raise. Then his rent goes up 7%.
It's the first one, so tell me what you think. More are coming.
A brutal year for Bitcoin is just getting started.
Give me three minutes to explain why you should dump it now.
Outflows from ETFs are signal and will continue.
We will test the 57k low again in the next 12 months.
Why?
Because there are far too many dynamic places to put your money that are creating MUCH more value.
Why put your resources into a dead network that offers nothing beyond a store of value?
What's the point of place the BTC be if Bitcoin's Ponzi-scheme nature has gone away!?!
The viral nature of bitcoin was it's power... if you didn't own you were MOCKED!
Now? Completely reasonable, heck, SMARTER, to ignore bitcoin and place other bets!
No one is trying to convince people to buy Bitcoin anymore... the memes and NFTs are gone.
No one is saying $ BTC can change the world, because it won't — and BECAUSE AI HAS!
Just sell and shift from Bitcoin to Super Intelligence because one provides little to no value, and the other provides unlimited upside for humanity.
This should be obvious to everyone right now.
Bitcoin will never break its all-time high again.
Thanks for everyone who watched or shared Episode 1.
I want to make this a Bitcoin community project so I would love ideas for the next episode.
Do you have any good story lines, jokes, or ideas that I can incorporate in episode 2?
If so please drop them in the comments! Thanks Bitcoiners!
I've been working on something new, and it's finally here.
This is An Honest Node, my new cartoon series, and this is Episode 1: The Raise. 🧡
Frank gets a 5% raise. Then his rent goes up 7%.
It's the first one, so tell me what you think. More are coming.
How To Set Up A Multi-Sig Wallet:
1️⃣ Buy 3 hardware wallets from different manufacturers (Trezor, Keystone, Jade, Passport, Ledger, etc)
2️⃣ Initialize each device with its own unique seed. Export the extended public keys from each one and combine them in a coordinator app (Sparrow, Specter, or Electrum)
3️⃣ Verify the receive addresses match on each hardware wallet. Back up all 3 unique seeds on paper or metal and also back up the wallet descriptor. Never store anything digital or online
4️⃣ Store the seed backups and the hardware devices in different physical locations. Never keep a seed with its device
How To Send A Transaction After Set Up:
1️⃣ Open Sparrow on your computer and load your multisig wallet
2️⃣ Go to the Send tab. Enter the recipient address, amount, and fee rate, then create the transaction
3️⃣ Finalize it for signing. Sparrow generates an unsigned or partially signed Bitcoin transaction
4️⃣ Sign with any 2 of the 3 hardware wallets one at a time. Always confirm the details on the device screen
5️⃣ Once Sparrow shows you have 2 signatures, broadcast the fully signed transaction to the Bitcoin network
256 Bit means a string of 256 zeros and ones.
The total number of possibilities it’s 2 to the 256 power.
That number is 1 followed by 77 zeros or 10 to the 77th power
The total number of atoms in the observable universe is 10 to the 80th power
So 256 bit is about the same amount of possibilities as the number of atoms in the universe.
Thats why it’s impossible to brute force a 256 bit seed phrase.
Compromised Coldcard wallets had 40 bit seed phrases.
That is 10 to the 12th power or 1.1 trillion possibilities.
That’s SIGNIFICANTLY lower and how a computer can brute force the seed phrase.