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

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

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