Tom Lee 's avatar
Tom Lee
npub192wm...l9nj
Striving to live well in body and mind. Interested in freedom technologies and decentralisation, allowing all people to play the game on a level playing field. #bitcoin
Tom Lee 's avatar
Tom Lee 1 year ago
When I first heard @Jeff Booth say that people who are trading their time for fiat money are merely trading it for pieces of paper, it hit me like a bolt out of the blue! It’s insanity that people are blindly still doing this. No judgement though, as being brainwashed by a system you’ve only ever known is a powerful phenomenon and it takes a lot of education, thinking and courage to follow a different path. For me it has come down to this simple question. Do I want to use a dishonest ledger or do I want to use an honest one. The latter every time #bitcoin #freedom
Tom Lee 's avatar
Tom Lee 1 year ago
I’ve been thinking about Bitcoin security, particularly single sig vs multi sig. I personally have a single sig set up. I was thinking about dividing my 24 word seed phrase and giving each of my 4 trusted family members 6 of the words for safe keeping. That way I don’t have the technical obstacle of educating them about multi sig, which is much more involved than single sig. If someone discovers the hiding place of my seed phrase, they will only have a quarter of it and therefore won’t be able to gain access to my funds. Thoughts?
Tom Lee 's avatar
Tom Lee 1 year ago
This type of image will be increasingly common place as people wake up to the idea that banks and physical cash are superfluous to our needs #bitcoin image