How to create a Cold watch only wallet with your phone during the wait for your Hardware wallet.

1. Download a wallet ,there are a lot of good mobile device wallets out there but since you probably wont be able to tell which one is safe just stick with any one recommended by bitcoin.org ( lets use BlueWallet for this demonstration).

2. Install Bluewallet ,Switch off data, bluetooth, wifi and then put your phone on Airplane mode ,essentially your phone should be offline.

3. Open Bluewallet app and tap the +add/Create Bitcoin wallet tab. Your 12 or 24 word seed will be displayed to you. This is the most essential piece of information for safe custody of your bitcoin. Its for your Eyes Only, never give it up.

4. WRITE IT DOWN on paper . No screenshot no picture. WRITE IT DOWN and make sure to check each word by word and exactly in the order shown on the screen. STORE IT SAFELY ,Physically. You don’t need it anytime soon. Back to the app ,Hit (ok I wrote it down ). You are done creating your wallet.

5. Hit the newly created wallet on the app and select the recieve tab ,your receiving address will be shown to you including its corresponding qr code.

6. Copy or take a screenshot of your receive address . You can use this address to receive your bitcoin from anywhere.

7. Close Bluewallet app and uninstall/delete from your phone.

8. Exit airplane mode and restore internet access to your phone.

9. Re download and install Bluewallet again ,go to add wallet bitcoin , select IMPORT and paste or scan the receiving Address you copied from step 6. Select IMPORT wallet.

10. You have successfully created a watch only wallet capable of receiving your bitcoin from any exchange whiles your seed phrase is totally offline. You can import your seed phrase into your newly acquired hardware wallet or keep it as it is or transfer it to a completely new seed generated by your hardware wallet when its delivered.

submitted by /u/shadyghxst
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The Best Black Friday 2022 Deals in Bitcoin

submitted by /u/VampireVlad [link] [comments]

source https://www.reddit.com/r/btc/comments/z4ppmx/the_best_black_friday_2022_deals_in_bitcoin/

Binance Releases Proof of Reserves System. Starting with BTC (Bitcoin), every user can verify the assets they own on Binance using a Merkle tree.

submitted by /u/simplelifestyle [link] [comments]

Michigan Gov. Kathy Hochul signs nation’s first cryptocurrency mining ban

submitted by /u/Frog-Face11 [link] [comments]

source https://www.reddit.com/r/btc/comments/z4nb9x/michigan_gov_kathy_hochul_signs_nations_first/

Bitcoin: decentralized nonviolent collective revolt against the man

submitted by /u/roliasedor [link] [comments]

Daily Discussion, November 25, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

submitted by /u/rBitcoinMod
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Just Do It!

I ordered the Nodl One node and spent a few hours yesterday setting it up. The set up that I’m using the Sparrow desktop wallet, a Nodl One node, and the BitBox02 hardware wallet to sign transactions. It took me a bit of frustration to connect Sparrow to my node, but now it’s all set up.

If you’re on the fence with getting your own node, do it! I did a test transaction this morning and it was oddly satisfying to send bitcoin through my own node to be broadcast out. This is how you truly don’t trust third parties because if you use the BitBox02, Ledger, etc without your own node you are using theirs.

Just sharing because nobody that I know cares sadly and I wanted to share somewhere!

submitted by /u/ElotElot
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