BITCOIN SELF CUSTODY & SECURITY - STADICUS (THE Bitcoin Podcast)

"If we take care to build good stuff in an honest, transparent way–and this is also why open source is so incredibly important–then we can build a new financial system that actually scales without compromising on the core values."

On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks STADICUS. Stadicus is an IT engineer and the Product Lead at BitBox. We cover a range of topics around Bitcoin self-custody, Bitcoin security best practices, open-source software, pros and cons of different hardware wallets, the Dark Skippy attack, and a whole lot more.

For links to the blog posts mentioned in this talk, check out the episode shownotes: https://bitcoinpodcast.net/words/f/stadicus-bitcoin-self-custody-security

SUBSCRIBE to "THE Bitcoin Podcast" wherever you get your podcasts: https://bitcoinpodcast.net/podcast
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STADICUS’ LINKS:
Nostr: https://primal.net/p/npub1ryruj25km6k23qct2vl7p96wprl63e5uu5wc65ex3luu62mvy7hsw9yjc6
X: https://x.com/Stadicus3000
Does airgap make bitcoin wallets secure? https://bitbox.swiss/blog/does-airgap-make-bitcoin-hardware-wallets-more-secure/
How to keep your Bitcoin backup safe: 4 proven methods you should know: https://bitbox.swiss/blog/how-to-keep-your-bitcoin-backup-safe-4-proven-methods-you-should-know/
How almost all hardware wallets can steal your seed: https://bitbox.swiss/blog/how-almost-all-hardware-wallets-can-steal-your-seed/
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THE Bitcoin Podcast Partners:
-- GET YOUR BITCOIN OFF EXCHANGES: Go to http://bitbox.swiss/walker and use promo code WALKER for 5% off the Bitbox02 Bitcoin-only hardware wallet.
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WALKER’S LINKS:
NOSTR: https://primal.net/walker
https://primal.net/p/npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8
X/TWITTER:
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Website: https://bitcoinpodcast.net/
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Chapters
00:00 Introduction and Background
09:58 Why Self-Custody Matters
14:03 The Role of Hardware Wallets
18:28 Explaining Hardware Wallets to New Users
21:33 The User Experience of the BitBox
28:21 Tips for Long-Term Bitcoin Security
35:50 Best Practices for Backing Up Bitcoin
41:00 Securing Bitcoin with Multisig
43:33 Advantages and Disadvantages of Hardware Wallets for Multisig
45:39 Understanding Stateless Devices and Verification Challenges
50:19 The Importance of Choice in Multisig Setups
53:22 Guns as a Last Line of Defense for Personal Security
01:02:17 Building Layers for Bitcoin Scaling
01:06:50 The Significance of Open Source in the Bitcoin Space
01:07:49 Bitbox: An Open Source Company Focused on Security and Trust Minimization
01:12:18 Open Source Software in the Bitcoin Ecosystem
01:13:05 Vulnerabilities of Traditional Financial Systems
01:14:09 Security by Obscurity and the Drawbacks of Credit Cards
01:18:47 Collaboration and the Open Source Ethos in Enhancing Security
01:27:57 Making Self-Custody the Default Way to Hold Bitcoin
01:29:03 The Impact of Regulations on Bitcoin Adoption

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