Oddbean new post about login | logout In your opinion, what tools are essential for the acquisition, security, privacy and day to day use of Bitcoin for the average person? Would love to hear the specific apps you think get the job done best, with the least barrier to entry.
Cash App, ColdCard and Nostr
CashApp have KYC?
Yeah … but that’s a lot to explain to new users. I always talk about the importance of non-KYC but cashapp makes it so easy to get started.
-bitcoin only exchange with a wallet and a lightning wallet. -a node at home and a way to access it when not at home -a hardware wallet -CashApp -Umbrel (Zeus) -seedsigner I can’t imagine needing anything else and they really are not that hard to use.
I was just talking to lady who got scammed. Asking me how she can pull her money. She paid the scammer money and he sent her an xpub to add to blue wallet. She saw her bitcoin stash increase daily, thinking that’s her wallet. Really sad. We just need more education on scamming. Not sure who works on that.
Seems to me like education is just a product of time and improved resources. The same way a 70 year old now has a basic idea of what an IP address is, people will have a basic idea of public/private key cryptography. Someday I will be the one falling for AI scams probably because I don't understand about biometric digital signatures or something.
You can get started with an nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfmaccount, integrated into @ZEUS (tutorial on Alby's website), a 50 USD amazon gift card and a tor browser to access Robosats. Further down the road, you should consider getting your own node and a hardware wallet. (I'd recommend Start9 and Coldcard)
This is a pretty large gray area to range around in. From my perspective: Node Sparrow Noncustodial hotwallet CashApp or Robosats A hardware wallet That's what I personally would consider the bare minimum. Some might consider a hotwallet and exchange method to be the only truly necessary parts but it just depends on what tradeoffs they're willing to take and how much they value ease of use versus privacy and/or security.
Secure communications and a node in every phone
Every smart phone should run a full node, full lightening node. Completely partitioned and a NFD air-gapped storage device such as the one block is working on.
Wallet of satoshi
Never KYC. To buy: Robosats and Bisq Run own node: Start9 orUmbrel. Use s NUC, ditch raspberry Pi. On chain wallet: Sparrow for desktop, Samurai for phone. Lightning: Zeus with own node, or Phoenix or Breeze. Go to meetups! Peach and OrangePillApp great too.
Hardware wallet KYC-free source CoinJoin Lightning An actively used full node
A p2p market that works on mobile