Shitcoin Insider

Bitcoin Maximalists take on the scams, ponzis, & bad ideas in the world of crypto. Doing the dirty work so that you don't have to.

Hosted ByGuy Swann & The Insider

All Episodes

Basics_04 – Wallets & Transactions

Hot wallets, cold wallets, hardware wallets, custodial wallets, lightning wallets, holy crap! What does all of this mean and how do they relate to your keys and your bitcoin? That is what we are covering in today’s episode, Bitcoin Basics episode 4, all about wallets and transactions.

Here is a reference to all of the wallets I use most often and for you to explore when setting up your own. I will also have this available on bitcoinaudible.com so it is easy to find down the road.

Wallets Guy uses…
Mobile On-Chain Wallets:
Green Wallet
Blue Wallet
Nunchuk
Bitkit (careful, still in beta but one I’m excited about)
Keeper

Desktop Wallets:
Green Wallet
Lily Wallet
Sparrow (can be more advanced, but a good wallet)
Specter (need a node, we will cover this later in the Basics)
Electrum (old school, but trusted)

Hardware Wallets:
Coldcard (long running, trusted, & versatile)
Blockstream Jade
Tapsigner (simple, card sized hardware wallet)
Bitbox (clean, easy to use bitcoin wallet)
Seedsigner (cool DIY hardware wallet, low cost)
Keystone
Trezor

A great, essential piece for first getting into the space, Bitcoin First:
https://open.spotify.com/episode/2bbmhdkHH1vcM31uo5Mimd?si=515dc45d1ca544ec

Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)

Learn more about your ad choices. Visit megaphone.fm/adchoices

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Chat_77 – NVK on Stone Cold Storage in a Fiat World

Nostr, OP_VAULT, decentralized media, privacy, the incredible progress of the past few years, the challenges of making Bitcoin hardware, why bear markets are the best time in Bitcoin, and...

Read_703 – The Banks Are So F**ked – [Callebtc]

“Here is a little story of how I built a #Bitcoin Lightning payments app used by more than 10,000 users at the time running on two Raspberry Pi’s from...

Basics_03 – Keys, Everything You Need to Know

Not your keys, not your coins. What does this mean? Your Bitcoin keys are literally the keys to the kingdom. They are everything, they are the sole arbiter of ownership...

Read_702 – FediPools as a Solution to Centralization Risk [Marty Bent]

“If Fedipools prove to be viable we could find ourselves in a world where bitcoin mining pool centralization risk is significantly reduced and the worries that many have today...

Read_701 – Lightning for Everyone in Every App [Roy Sheinfeld]

“This is the end of Lightning as a niche technology and the beginning of Lightning as a (ubiquitous) Service. In a few years, Lightning functionality will be so universal that...

Read_700 – The Race to Avoid the War [Cory Klippsten]

“Furthermore, when Bitcoiners develop privacy and scaling technology for Bitcoin, we make it substantially more challenging for anti-coiners to make the case that a war on Bitcoin is winnable....

Read_699 – What is Nostr? How Does it Work? And Why Does it Matter? [BTCtimes}

One thing to make abundantly clear: Nostr is a protocol. It’s a set of rules that servers and clients use to communicate (just like Bitcoin, email or Bittorrent). Nostr is not...

Basics_02 – Hashes & Proofs of Work

In order to truly understand why Bitcoin works, we must understand a fundamental tool that operates at basically every level of the system. The hash function. And using the...