Oddbean

a thread on keeping it simple 🧶 your #bitcoin is important, you got this far and now you don’t want to fuck it up so keep it simple and run FOSS never in the history of bitcoin has there been better or more accessible off the shelf tools 1) get your hands on some dirty cash and go buy an unlocked pixel 6 or above 2) use cash to buy a refurbished Lenovo Thinkpad from a repair shop and flash it with Linux Debian, just ask and they might do it for you 3) install Tor sudo apt update && sudo apt upgrade sudo apt install tor torbrowser-launcher 4) install Sparrow Wallet & verify www.sparrowwallet.com 5) use your Thinkpad to flash Graphene OS onto your Pixel Phone https://blog.ronindojo.io/grapheneos/ 6) install Samourai Wallet on phone https://samouraiwallet.com/download 7) buy a plug n play RoninDojo Tanto full node www.ronindojo.io 8) open Samourai Wallet, connect to Tor, pair to your own node, create a new wallet with a passphrase and wallet pin 9) write down your seed words in order, write down your passphrase and pin 10) confirm your seed words and passphrase in the wallet 11) write down your paynym 12) secure erase wallet and then restore from backups you just made to confirm 13) confirm paynym is the same 14) punch seed words and passphrase onto separate steel plates and store in a safe hidden place 15) save an encrypted copy of your wallet onto a sd card via wallet and store in a separate safe hidden place 16) exit wallet and reopen to double check your pin, that Samourai Wallet is connected to Tor and your node 17) open tor browser on laptop and pair Sparrow Wallet to full node 18) open Sparrow Wallet and add the Samourai Wallet seed and passhrase to confirm paynym is the same 19) write down the fingerprint of the wallet as another means of confirming the wallet has the correct passphrase 20) close and reopen Sparrow Wallet to confirm you can access wallet with correct passphrase, that the fingerprint and paynym match, that your node is connected and tor is running 21) Now write a very simple plan for your family to find and restore your seeds and passphrase in the event of your death You now have: an anonymous phone an anonymous laptop an anonymous mobile wallet an anonymous bitcoin full node an anonymous desktop wallet an anonymous set of backups Don’t over complicate it or use too many programs Don’t create multi sigs or cold storage until you understand the trade offs Most bitcoin is lost because YOU lose your seeds, not because of scams of hacks Keep it simple!