Bitcoin Q&A: Can Bitcoin Be User-Friendly Without Compromising Security?

Is it possible to make backing up your crypto keys very user-friendly without compromising security? In this Q&A clip Andreas theories that we may see social sharing mechanisms for crypto security. But what is best for today?

00:00 How can the average Bitcoin user have user-friendly secure storage without compromising security?
00:13 A social sharing mechanism for Bitcoin security
01:20 The best solution for today is a mnemonic phrase

This question is from key management bonus live-stream, which took place on May 23, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop

Related Videos:
Bitcoin Q&A: How do mnemonic seeds work? – https://youtu.be/wWCIQFNf_8g
Bitcoin Q&A: Multi-signature and distributed storage – https://youtu.be/cAP2u6w_1-k

Learn more about becoming a Community Builder: https://patreon.com/aantonop 
Join the YouTube Channel: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join

*** Socials, Books, & More ***
Website: https://aantonop.com 
Twitter: https://twitter.com/aantonop 
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Insta: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Amazon Author: http://www.amazon.com/-/e/B00MVAG8Z8 
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8

Music: “Unbounded” by Orfan (https://twitter.com/grassfedbitcoin)

Don’t forget to SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications. 

Thanks for watching!

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eos
EOS (EOS) 0,612667 2,53%
aave
Aave (AAVE) 85,78 1,94%
the-graph
The Graph (GRT) 0,129077 6,68%
kusama
Kusama (KSM) 21,91 0,50%
waves
Waves (WAVES) 1,89 1,10%
dash
Dash (DASH) 27,09 1,84%
bitcoin
Bitcoin (BTC) 33.783,30 1,03%
ethereum
Ethereum (ETH) 1.836,07 1,86%
cardano
Cardano (ADA) 0,339939 2,94%
tether
Tether (USDT) 0,913662 0,01%
xrp
XRP (XRP) 0,547681 1,01%
solana
Solana (SOL) 50,24 1,44%
polkadot
Polkadot (DOT) 4,69 2,00%
usd-coin
USDC (USDC) 0,913799 0,01%
dogecoin
Dogecoin (DOGE) 0,070451 4,19%
uniswap
Uniswap (UNI) 5,64 1,88%
terra-luna
Terra Luna Classic (LUNC) 0,000086 22,95%
litecoin
Litecoin (LTC) 62,29 2,20%
chainlink
Chainlink (LINK) 12,76 3,21%
bitcoin-cash
Bitcoin Cash (BCH) 202,51 1,40%
algorand
Algorand (ALGO) 0,119217 2,32%
matic-network
Polygon (MATIC) 0,669299 2,47%
stellar
Stellar (XLM) 0,105792 0,88%
cosmos
Cosmos Hub (ATOM) 8,12 6,24%
filecoin
Filecoin (FIL) 4,01 3,10%
tron
TRON (TRX) 0,093064 3,87%
ethereum-classic
Ethereum Classic (ETC) 16,75 1,85%
dai
Dai (DAI) 0,911770 0,02%
tezos
Tezos (XTZ) 0,722206 3,35%
monero
Monero (XMR) 150,82 2,20%