Read_832 - Protect Your Bitcoin From $5 Wrench Attacks

Published: July 6, 2024, 12:31 p.m.

"Whatever your setup is for storing the majority of your bitcoin - be it hot or cold, online or offline, software or hardware - if you can access and spend it in a matter of minutes, so can a robber armed with a $5 wrench. The\xa0_price_\xa0for convenience is\xa0risk**. This is not merely a theoretical scenario; I have cataloged over 50 physical attacks against bitcoin users, including myself!" ~ Jameson Lopp\nHow can you protect your Bitcoin from physical attacks and ensure its safety in a world where even a $5 wrench can be a threat? In this episode, we start our way into Jameson Lopp's comprehensive guide on safeguarding your Bitcoin from coercion, exploring practical strategies and multi-layered security measures. Discover why privacy, multi-sig setups, and geographic separation of keys are crucial in the fight against physical threats to your crypto assets.\nCheck out the original article at:\n\nHow to protect your bitcoin from $5 wrench attacks (Link: https://tinyurl.com/4y8kmbtd)\n\nLinks to check out:\xa0\n\nOffice of Public Affairs | Man Convicted of Violent Home Invasion Robberies to Steal Cryptocurrency | United States Department of Justice (Link:https://tinyurl.com/3kdbb598)\nphysical-bitcoin-attacks/README.md on GitHub (Link: https://tinyurl.com/yc88nehu)\nA Modest Privacy Protection Proposal (Link: https://tinyurl.com/4jrdscmu)\nA home defense primer] (Link: Link: https://tinyurl.com/4a8h2ce4)\nBitcoin multisig time locking challenges | Casa (Link: https://tinyurl.com/3hefcx5f)\n\nHost Links\n\n\u2060Guy on Nostr \u2060(Link: http://tinyurl.com/2xc96ney)\n\u2060Guy on X \u2060(Link: https://twitter.com/theguyswann)\nGuy on Instagram (Link: https://www.instagram.com/theguyswann)\nGuy on TikTok (Link: https://www.tiktok.com/@theguyswann)\nGuy on YouTube (Link: https://www.youtube.com/@theguyswann)\n\u2060Bitcoin Audible on X\u2060 (Link: https://twitter.com/BitcoinAudible)\nThe Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)\n\nCheck out our awesome sponsors!\n\nGet \u206010% off the COLDCARD\u2060 with code BITCOINAUDIBLE \u2060\u2060\u2060\u2060\u2060\u2060(Link: https://bitcoinaudible.com/coldcard)\nSwan\u2060: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)\n\n\u201cThe supreme art of war is to subdue the enemy without fighting.\u201d ~\xa0Sun Tzu,\xa0The Art of War