Something about this Bitcoin selloff felt off.
A quiet MSCI memo.
A JP Morgan hit piece on MSTR.
Then a liquidation wave with no clear trigger.
And today, a new development dropped that makes the whole picture come into focus.
Let’s break it down 🧵👇
Thrilled to have completed BIZ101 course at @planb_network and earned my diploma with a score of 100/100 on the final exam! 🏆 #PBNDiploma
https://t.co/fHm5id6Zzf
12 bitcoin security levels:
- level 0: on an exchange. You don’t really own anything.
- level 1: hot storage on a closed source shitcoin wallet (like @Ledger)
- level 2: hot storage on an open source bitcoin only wallet (like @bluewalletio or @SparrowWallet)
- level 3: cold storage on a usb hardware wallet with shitcoin support
- level 4: cold storage on a bitcoin only usb hardware (like @COLDCARDwallet mk4 or @BitBoxSwiss)
- level 4: cold storage on a bitcoin only airgapped hardware wallet without reproducible builds (like @KeystoneForBTC)
- level 5: cold storage on a bitcoin only airgapped hardware wallet with reproducible builds (like @FOUNDATIONdvcs Passport)
- level 6: analog-only airgapped cold storage (Passport supports this) with self generated ephemeral seed
- level 7: cold single seed + passphrase (protect against seed compromise)
- level 8: Shamirs secret sharing cold single seed (protect against seed compromise & introduce fault tolerance)
- level 9: hybrid 2/3 multi-sig with 1 hot key
- level 10: full cold 2/3 multi-sig
- level 11: hybrid 3/5 multi-sig with 1 hot key
- level 12: full cold 3/5 multi-sig
Could be split up further but might not make a lot of sense. Bonus points for connecting to your own node at any level.
I’m sure many will disagree somewhere. What would you change? What would you remove or rank differently?
Note higher security is not always the best fit for your situation.
Thrilled to have completed BTC101 course at @planb_network and earned my diploma with a score of 90/100 on the final exam! 🏆 #PBNDiploma
https://t.co/meWPaAdYFi
I’m Yusef, the founder of Bitcoin for Palestine.
For months, I’ve been doing everything I can to support families in Gaza through crypto donations.
But now… the cries for help are more than I can carry alone.
One person from the camp messaged me:
“I swear to God I’m dying… every day I need 70 shekels just for a kilo of flour, and it barely feeds six people. Hunger is killing us.”
🥹 My heart is breaking. I can’t reach everyone anymore.
I’m asking you🙏 Support me so I can keep supporting them.
Help me continue to be there for the people of Gaza, who have no one but God… and people of conscience like you.
You can donate here
https://t.co/3OiUsEP2Zm
#BitcoinForPalestine
#SaveGaza
#CryptoForGaza
#GazaUnderSiege
🍞🪙💔🇵🇸
At 26, he launched a website that would change Bitcoin forever.
At 29, he was sentenced to die in prison.
After 10 years behind bars, Donald Trump just pardoned him.
Here's the wild story of Ross Ulbricht, Bitcoin's most controversial pioneer: