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Cole ๐ฟ๐ฆ
@ColeTU
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I post simple bitcoin tips and tricks ๐ | Long form bitcoin tutorials on YouTube: https://t.co/N6w1yjwUnR
1-on-1 support ๐
Joined April 2021
RT @rindingvijk: 7. We Asked: What are the biggest obstacles to global Bitcoin adoption, and how can we overcome them? ''If everyone knewโฆ
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The threat of Quantum computing is another reason to have your UTXOโs managed efficiently. If bitcoin upgrades to a quantum resistant address format, you will likely need to migrate your coins to that new address format. Thousands of people will be doing the same. Fees spike. Fewer UTXOโs = less space taken on chain = cheaper transactions. Using less space also leaves more for others = more people can migrate cheaper = better for bitcoin and bitcoiners.
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@w_s_bitcoin @thedukeliberty @ccc12462 @Hodling_btc @BTC_Rebel_21 @TAPSIGNER Agreed, I think Ledger lacks labels too?
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@thedukeliberty @w_s_bitcoin @ccc12462 @Hodling_btc @BTC_Rebel_21 @TAPSIGNER Ledger does have coin control, and you can use ColdCard with Blue Wallet
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@ccc12462 @Hodling_btc @BTC_Rebel_21 You are likely using bad wallet software that doesnโt generate a new address each time, which is best practice
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RT @BachelorKing77: This is an older video showing how to confirm the integrity of your Cold Card and create a seed phrase using dice. Stilโฆ
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Running Bitcoin
Thanks to @start9labs I am "running Bitcoin" @halfin Special thanks ๐คto Southern Bitcoiner @ColeTU for the great tutorial videos about the Start9 setup.
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@CJ_Johnson17th @FFjordan24 Beware of small UTXOโs - better to build a bigger balance before withdrawing, while understanding the risk of keeping your coins on the exchange.
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@MindsetPsy Itโs hard to say. It depends on your stack size and spending habits. Most people agree 0.01 btc
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@LarryLasermind Join UTXOโs from the same source. For example, I do not mind combining 6 UTXOโs that were sent to me from the same person (They know I own those 6 anyway)
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