Name: Avoid This Bitcoin Self-Custody Mistake ($5 Wrench Attack)
Uploaded: 2025-06-14T02:30:00+00:00
Duration: 2 min 59 s
Description: Self-custody is a superpower of Bitcoin, but it comes with responsibility. I break down the risks of single-key wallets, the danger of overcomplicating your setup, and why multisig is the best protect

5 months ago

Finance & Crypto Bitcoin self custody Bitcoin security Bitcoin inheritance multi sig Trezor Bitcoin wallet setup Bitcoin Theya Bitcoin for beginners how to store Bitcoin

Self-custody is a superpower of Bitcoin, but it comes with responsibility. I break down the risks of single-key wallets, the danger of overcomplicating your setup, and why multisig is the best protection against loss, theft, and the infamous "$5 wrench attack."

*Pull This Up While Listening!*
“A”: your Bitcoin self-custody protocol: https://www.notion.so/A-your-Bitcoin-self-custody-protocol-20f387d5755080ee8842d47c61d2eab3

Watch the full episode: https://youtu.be/1U9pZQNyjr0

If you want to learn more or connect, visit my website: https://jakewoodhouse.io/

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