welcome to class 7, you don't need Wallet hardware, the class could end here, right, you don't need Wallet hardware, period, but we know that's not the case, once again, the classes are just motivations for you to follow the tutorials and much more important than these tutorials is that you have access to the sources from which these tutorials came what we are selling here for the umpteenth time again is not information what we sell is Our experience and support you are with Alan and I at available both on the course platform and in the Telegram group, beauty, coming back, we are delivering four tutorials, which would be four groups of simple practices, in the first module, you saw how to open, how to install a simple off-chain Bitcoin wallet, how to simply install a wallet on Lightning how you used these wallets to receive and send Bitcoin And how do you open an account and operate in one on one sex In a national centralized brokerage how do you deposit real withdrawal Bitcoin deposit Bitcoin withdraw real and in the next classes we will even discuss what they are the best strategies when buying when selling what strategy do you use for tax planning so you don't end up paying taxes unnecessarily selling within the exemption limit of 35,000 per month if it's worth selling multiple homes through legal entities we'll talk about everything this in relation to Wallet hardware we have already talked about several times that for you to really be absolutely safe it is just something that has never been on the internet in the first tutorials you can expose yourself to Bitcoin and wait for Bitcoin in Hot Wallet What does Hot Wallet mean means that it is on the Internet this is not absolutely safe if you created the password on a cell phone your Bitcoin is as safe as the cell phone if the device that has access to the internet is compromised or your money is compromised this does not mean Just Someone has putting a backd a virus or remotely getting control of your phone also means the guy putting it to your head putting the drill on your knee putting the gun to your head and saying unlock this otherwise I'll kill you that's not it that's also what it's like trench What's the 15 dollar scam like, right? The drill and the hammer, so your cell phone can also be compromised with someone dominating you with your cell phone in their hand, so once again, absolutely safe, it's just what's not on the internet, Absolut safe, it's just the airgap operation What does airgap operation mean it means that your private key did not go to the internet what went to the internet was the signed transaction what does this mean a message that is created from the transaction of the private key indicating where the money, where does the change go to all Destinations and how much will be paid ? SNS by letter you can send it via any email and whoever gets this message with any wallet or with the Bitcoin client, if the guy is going to run a node, he can send it online, he can send it to Bitcoin in its first layer, beauty That's the best practice and this is what lan teaches in the fourth tutorial he will teach you how to do this with an old cell phone that you can't access on the internet but there are dozens of ways to do this if you go to dov and we have already said dozens here of times that the 3000 hours of dov is worth 9000 times more than our content here, the issue is that most people who are buying this course do not have the 3,000 hours to watch the dov and all the hundreds of setup alternatives that He offers development to the one he considers most suitable for himself, so in the first module we teach you how to expose yourself financially to Bitcoin and how to create addresses and maintain online self-custody, in the second tutorial we teach you how to use Ian Coleman, increases security because when you use Yan Coleman offline, whether on a pend drive or on an offline computer, you begin to at least not leave your balance vulnerable online, at least in time you are not making a transaction If you are not able to sign a transaction What can you do segregate your addresses have parts of the Bitcoin of differences origins in different addresses the P2P address a Fox address the beep address the address of Bitcoin trade the address there at der bit the bitmax address each Bitcoin you buy from a person you will share an address including a person who sold the Bitcoin who made a transaction with you will not be aware of your other balances and What is the advantage of this besides privacy the advantage of this is that if you don't know how to sign a transaction but you know how to specifically import Private and not Sid and not the Private Key generator you will only make yourself vulnerable to that amount of money for a few seconds you you will be online but a small amount of money a fraction of your money for a fraction of the time you will be vulnerable you have already progressed from having all the money online all the time to having a small amount of money online for a small amount of time, in the fourth tutorial you will advance to no amount of money is online in no time Okay, you can't just do it the way aan will explain it to you using an old cell phone that you no longer have access to the internet, Blue Wallet creates the transaction signed for you but there are several devices there are several hardware wallets devices that also do this and you can use any P drive for a tutorial we will explain.
If there is another more advanced course that you can also take it is electron con Tails you take a cell phone and install a system peral called teos that comes with electron And you can also get it even more practical than this Blue Wallet scheme. The problem is that this requires a little more time and cell phone than most people who did the first tutorial who already understand how to use Blue It's easier to sign up on Blue Beauty itself, that's why this was the method chosen in the fourth tutorial, so in short, radio wallets in Brazil are expensive, radio aer wallets normally increase the attack surface, radio aer wallets that don't have open source increase the risk the risk of the software is compromised o the risk of the Hardware is compromised there are Ino social attacks there are Radio Air wallets that force you to enter the website if you enter the wrong website you will be a victim of Fishing there are Radio Air wallets that are sold compromised So you have to know where that one came from, you increase the risk surface, normally, as I already said and I repeat that of hardware wallets from the same brand, the cheapest ones are safer. Why are the more expensive ones usually inserting more shitcoins when there are more when it has more features it increases the attack surface I had kip Key I had leder I had trezor I wouldn't buy the team that no longer exists I wouldn't buy anything from leder as lan will explain to you there were several ledia scandals leaking docking address the phone email from their victims without compensating anyone they apologized without compensating anyone for anything and there was an even worse scandal recently that they admit that they can access your keys since you send the transaction signed by the equipment so I wouldn't buy ledia anyway None, I don't know, it depends a lot on the objective, if it's legacy money, if it's money you want to leave to your children, I wouldn't put it in a LED or I'm sorry for the expression but it has to be strong for you to understand certain money that you really want be absolutely safe he cannot be on any device that has the internet if he could have had access to the internet he is no longer absolutely safe it is free get a pen drive get a memory card install teos install an electro or get one old computer any old PC that you no longer use an old tablet an old cell phone you can do this so that's it the main message is to repeat what I said this here is class seven we said this in class five we He said this in class six and we are repeating it in class seven, absolutely safe is something that has never been on the internet the trz the led is the kip anything that connects to the computer and has to access the internet and a website specifically J no more absolutely safe I'm going to say that this isn't good for anything because even if it weren't good for anything no one would buy it This is an alternative solution remember we talked about the Triad that every time you want the impossible only a liar can satisfy that is why everyone who follows socialism is Follow the devil ready exactly there is a Triad there is a Triad in any type project cost, security and speed, there is no such thing as fast, good and cheap, that's not it, Bitcoin focused everything on decentralization and security so that in other layers you could exploit others to the fullest Beauty, you want absolute security Seme gepid only that you can run a business you You may need more practicality, for example, we recommend a solution that is not absolutely secure than the Wallet of Satoshi , but why?
stolen, you don't need absolute security for 100% of your money, just for money that you consider relevant, so to repeat, you don't need a hard wallet, you might want it and it could be advantageous for you, for example, buy one, buy a tresla so you can see how It works, for example, I have a MK3, I would buy a Q1 from Rodolfo from Code Card, even though the Q1 is not open source because I trust Rodolfo and because I would like to honor the manufacture of equipment of that quality, but in addition because Q1, even if the software had been compromised, it wouldn't be possible to steal from me because I can, for example, use equipment like this with my entropy with the words I chose than the words I generated in any other program, this equipment being used offline even if there is some type of software compromise there is not a very high chance a very large attack surface you with good practices if you carry out the her gepid operation the chance of you being robbed is very low by doing the correct procedures, right so we will advance on some concepts here but as a rule the message is this, if you have the time if you have the money if you can follow these tutorials and you don't need an Air Wallet radio everything that the Air Wallet radio does you can do it in your home by installing electron teios installing Yan Coleman and or using offline blet then you say oh I don't have an old computer I don't have an old cell phone I don't have it on the chular I don't have a paydrive I don't have a memory card I This is complicated for me okay if your only alternative is, for example, a ledia that is cheaper than the ledia that is cheaper than any of this equipment and much simpler is to do the aggregation of addresses and import the address specifically from just the segregated money that is the second which is the second tutorial that we will discuss from An Coleman if you have your money divided into 10 or 20 wallets And you only import one private at a time you can only be stolen a demo of your money or 1 Vio of your money in those 10 or 15 minutes that will require confirmation, that's it, address segregation, it's not only important for your privacy, but it's also important for this setup management, right ? In class seven, you don't need a hard wallet, that's in quotation marks, right? Because we're not making it an absolute truth, but the hard wallet is nothing more than devices that make it easier to do what we taught manually.
That's the ease of a Wallet, now there are those that implement several different functionalities, including putting a lot of shitcoins other than just Bitcoin and there are hard Wallets that are called only Bitcoin, which reduces the attack surface to the maximum, such as the Code Card and the Jad, we wanted to show you a very common phrase in our community is if you don't have your keys, you don't have your bitcoins That's why When you buy your bitcoins on Bipa or Exchange you expose yourself to them in an easy way so you can have access to the purchase but so that these bitcoins are not kept in custody with these companies, it is better that you withdraw for your wallets, be it Hot wallets, small amounts via Lightning or onchain or in large amounts for posterity until you do an inheritance scheme, you store it completely offline in a PP, as we had taught, it's Obama's analogy that addresses Bitcoin are like the how and numbered accounts in Switzerland are perfect the nothing accounts in Switzerland whoever knew the account and knew the password accessed the money whoever knew the account could only deposit it in the Bank the same thing happens in Bitcoin the addresses are as if it were the account number is the information needed to deposit money into that account and into Bitcoin, in addition to depositing money into that account, as Bitcoin is a transparent system, you can check the balances of that account and all the transactions that took place there, beauty, public keys, the key public is the information that generates the address and the private key is the matrix the information needed to move money from that address whoever has the private key moves the money whoever has the Public key can deposit money there and check balances beauty What does Hot Wallet mean Hot Wallet means a Wallet that is on the internet which means a code Wallet means a Wallet that is not on the internet and has never been exposed to the real thing Secure custody is one that has never been exposed on the internet some devices that we will see in the next slide they they only work if you connect the device and the device to the internet they claim to be code wallet but to do this you have to trust both the hardware and the company's software once again trust no one don't trust make sure you trust the company most people today what is much more difficult than having bitcoins is that you continue to have bitcoins, most of the people who had bitcoins if they gave up they lost why because they trusted bums you don't need to trust bums once again these classes are not necessary for your life these classes are motivation for you to do the tutorials Follow the tutorials and you won't need to trust bums meta scolding there Alan comparison of AOL radios put the comparison for you guys now in this image here before the comparison in this image here we will see more or less how does all this work under a hood the wallets are nothing more than a tool that allows you to see your addresses your public addresses so that you can be both receiving and transferring and here as you see that in these images there is all the part that works under the capon of one of one of one of sending a Bitcoin transaction you have aa Here you see the random numbers where more or less all the code part comes from, that's for you guys more technique you want to know, you can mainly access it on the website or on the bitcoinheiros website or on the channel where they explain the more Technical part for those who are interested because some programmers also contacted us who also wanted to take the course and they want to understand more or less how the mechanics work, this is what was explained in class one in the operational concepts given to Renato, which is the whole part, the macro part, how the entire operating scheme of the Bitcoin network works. There you have it, we had also explained in the tutorial also about the ced phrases that we will show in the tutorial later on, which are the backup words for you to recover your balances in any other block and more once we don't just give a summary here because your time is important, we also provide references. You can see that in the corner here there is a link, like in the corner of the previous slide there was also a link again to the same video that we recommended 20 times which is carnu's conversation with Fausto as he explains the evolution of how Bitcoin was sent from the beginning when it was sent to the IP then the addresses were developed, all of this is explained in these videos if If you want to delve deeper, feel free once again the book is free on the internet the book is dictated on YouTube even if you are illiterate you listen there you click on freedom and you hear it clearly we are once again motivating you to do the tutorials and go to the sources this here is a summary a chewed summary if you want to go deeper we are giving all the references that's not it now we see here the main radas that exist on the market you have the tresor that had the scandal and where are they After they wanted to implement a shared backup back solution from Chaves, they already had other scandals where they leaked people's email and phone information and after people said why they were implementing this new shared backup function with there were going to be several other companies in the process they already had and they publicly admitted on Twitter that they did have access to people's private keys and from that, because of this new implementation they wanted to make many users and and other companies and other companies started aaa question the security of this device since they stated that the physical device they have and they are completely off the internet what if what was demonstrated to be a complete lie we also had some scandals at tresor which was a leak of personal data when the people make the purchase of the data we have the beatbox which is a not so well known wallet but which also has a a level of security at an average level we have Jad here which is one that was made by one of the most important companies that there is a blockstream in the Bitcoin ecosystem, including Lightning, right?
Including for anyone who wants to manage, for example, a company that makes several payments and these payments have to be available easily and do not represent a relevant amount of cash. is it worth it or not is it worth buying a Jade of course is it worth it for a P2P for someone who circulates their Bitcoin several times a day is it worth buying a piece of equipment like this of course is it worth it the question is for a person who you will only buy and store Bitcoin and you will only move it once a year, once every if you buy from the wrong person you can buy compromised equipment if you go to the wrong website you can use a Fishing website this has happened several times people have been robbed you can even have several of these equipments compatible with you signing action without being on the website there from treso or led for example at electron Do you have a Do you have a company where you do cash management in the company like T sig in a situation like this for the love of God it's really worth it it speeds up the service a lot for you to have an AET radio like this now for your long-term money, for money that will remain idle for years, it is totally unnecessary and for small money that you wouldn't mind losing equivalent to the money in your wallet, even less so because you would leave it in Hot Wallet that It's more available, more practical and at a lower cost, right, zero cost, you can download an application for free on the internet, right ? cell phone, it even has its own battery, you know, it subscribes to aeped and there is one that is on pre-sale from the people at cod Card, which is a company that has an outstanding reputation.
Rodolfo. Rodolfo is what he calls it . no it's not the mk4 no the mk4 is superior to the mk3 but I wouldn't buy the mk4 I would only buy the Q1 which is on pre-sale the Q1 looks like the Blackberry Although it's closed source That's what I said he wouldn't even be able to steal it from me creating some kind of randomness bias because I could not generate the words there or I could generate the words there and insert a violent p FR and I would only put money there after checking this in other programs, such as Yan Coleman from the second tutorial So that's it I would buy the Q1 to honor Rodolfo because the guy is extraordinary, out of the series isn't that I would buy a P Sport if it was much cheaper I didn't buy it because it's expensive so that's not it That's it that's it now why would I buy a business like this If I were to manage it if I had to constantly move funds with Relevant funds Most people don't have to do this if you are only going to constantly move the money that you would have in your pocket I don't know R 5,000 R 10,000 you can leave this 5,000m on your cell phone nowadays there are people who carry cell phones that cost more than R 5,000, that's not it, it broke down, the guy on the floor lost his cell phone, that's it, you're going to spend 2,3000 to have equipment to move R$ 5,000 it is better that you use this money to buy time, knowledge, courses, follow tutorials and eventually buy more Bitcoin, that's not it, and radet there are nothing more than eh, temporary coffers, they are used for companies for pusp that are constantly moving for people who want to move Funds from time to time But the most important thing is that you have a payp Wallet a hard Wallet the most important thing is managing your secrets and your private keys This is the most important thing because if you lose there, it was because they are the password they are the password that gives you access to have your Funds recovered in other wallets This is the most important of all this, as we talked about in the previous class, the main article in Social Sciences is the problem of use of human knowledge and the main refutation of socialism is the inability of people to tell the value of things to others, right?
There are people who pay for atomized processes, so it is very difficult for me to tell you the value of practicality, security, time preference, are you? It's very difficult for me to say the value of things for myself in 10 years, imagine me telling someone else that it's not me, that 's not it, so beauty, it's very difficult for me to give you a recommendation, do this or that, what I can say is mine personal experience I did this I did that it worked and it went wrong I had kip Key I had leder I had trezor I had mk3 I had a great experience with everyone But there were people who had terrible experiences and lost completely I never saw anyone lose completely with Yan Coleman doing aaaa segregated import in no in Blue Wallet I've never seen anyone lose everything by subscribing to Blue Wallet offline I've never seen anyone lose everything and paying for a pen drive or a memory card installing oooo taos with the leder and saving the words in a place and at another address these things work well for I've seen people losing everything with their cell phone, not just because they lost control of their cell phone being hacked, it being compromised by someone entering and taking a password, making the guy the guy with the password, but if these values are not values greater than the money you would have in your pocket you would not lose more than the guy Stealing your money from your pocket if you have a cell phone worth R 10,000 and have 5,000 Bitcoin you have to be more worried about the cell phone than with Bitcoin that's not it that's for sure It even has solutions including the dov has solutions what do they call it dii n that why dii do yourself Do It Yourself they teach you how to buy the equipment to build your own boy there's boy bitcoinheiros is not the best Bitcoin channel in Portuguese they are the best Bitcoin channel in the world in any language it is a privilege it is an absurd privilege we have access to content like that in Portuguese and for free I recommend it highly vi, they even teach you how to make your own hard Wallet like Jade allows you to do it, and without spending 1 fifth of that money, that's not it, that's all, you're going to deal with soldering electronic things, you're going to deal with building how many people It takes time to have the skills to do one of these, that's not it, right here, as we've now shown the scandals here at LED here after after after a simple update that they wanted to do that they thought would improve their service, they ended up rolling over and ended up admitting that they already collected already collected the sensitive data of Hard wet and Paraí and that's why they even postpone the inclusion of these services preferably if you want to have it easy you don't want to use Yan colg you don't want to make a Wallet or use the c or use your cell phone outside the internet of preferences, Bitcoin only wallets that only accept Bitcoin because then you will be even safer, not completely, but at least you study What are the main attack surface models of these wallets and know how to mitigate and know how to mitigate each one of them This is also one thing that you can do to have this facility is if I can give you a complementary tip and a site that many people have already got fucked up and lost everything a lot of people think that the blockchain website pinfo or blockchain. com would be the official website of Bitcoin, they don't manage wallets, don't put a penny into these misfortunes, don't put money into anything that is on the internet, once again absolutely safe, it's just that which was never on the internet, once again when what you do if you enter the computer and type Bitcoin Explorer and you search for the balance, you are vulnerable, you are associating your IP with that address, ideally you should only search for Bitcoin balances and only send transactions if you run your own node that's the ideal is the perfect secondly that you do this in a um if you do this either with VPN or with Robot What does this mean you will be trusting at least the service provider and not just directly the on the platform if you If you use Blue with Orbot you are already informing Blue of a false IP you are filling it up if it is I don't know if Blue Wallet accumulates this Big Data But you have to remember that one of the information war is counterinformation is you giving false information to the enemy you use Orbot you use VPN when you are doing balance research it is a way for you to generate noise and you increase it when you improve your practice when you improve your security practice you you increase the anonymity set you increase the security of all people in the community So that's it ideally you should check balances and send addresses using your own n this is an advanced thing we will discuss here fine let's discuss if there is demand for this course and so on, if there is demand for us to do more advanced content, don't worry, the last time we will sell this pilot course, if the business is booming, there is demand, we will do a next course with a prompt and with tele prompt with discussion with script including once again every class I repeat this, did you think there was something missing, let us comment here, give a suggestion, is there an error, something was missing here, give a suggestion, our first book was half the size of this one dozens of people voluntarily went there they revised it, they improved the book's size, it doubled in size, we hope that this happens with this course too, once again we did this in several aspects on our thighs due to our sense of urgency, the taxation of this in months will be triple the cost in months.
