Episode 129 - Bitcoin Basics: Seed Phrases, Security and BIP 39

Episode 129 – Bitcoin Basics: Seed Phrases, Security and BIP 39

Source Node: 2882446

Understanding the fundamentals of how Bitcoin security is very important. You are ultimately responsible for your own Bitcoin and the basic knowledge of how the process works is critical. In this episode we cover the BIP-39 protocol change that lead to the ability to use twelve or twenty-four word seed phrases to protect your assets. In addition, I cover a new way for the listeners of Generation Bitcoin to earn sats AND help out the show!!

Block Height at Time of Recording: 807,675

Bitcoin Price at Time of Recording: $26,625

News and Links

https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki

https://learnmeabitcoin.com/technical/mnemonic

US Core CPI More Than Expected 

Podcasting 2.0 Apps Available at http://newpodcastapps.com/

I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!

Website

https://genwealthcrypto.com

Music Credits

Rock Guitar Intro 07 by TaigaSoundProd

Link: https://filmmusic.io/song/8342-rock-guitar-intro-07

License: https://filmmusic.io/standard-license

Funky Life by WinnieTheMoog

Link: https://filmmusic.io/song/6040-funky-life

License: https://filmmusic.io/standard-license

Time Stamp:

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