Uploaded November 2020 | Updated September 2026, 1 hour ago
How secure are your bitcoin? Don't make easily avoidable mistakes when it comes to your cryptocurrency security and storage. Watch this video and make sure you're not storing your bitcoin in one of the worst places!
Chapters
0:00 What are the worst ways to store bitcoin?
0:16 Worst place to store bitcoin
1:56 2nd worst practice: Non-custodial, web wallet, without 2FA
2:31 3rd worst practice: Poorly secured desktop computer
3:23 The best ways to store bitcoin
Andreas has been asked, "what's the best way to secure my bitcoin" but this is the first time he's been asked what are the worst ways to store bitcoin. In this video, Andreas discusses custodial bitcoin security, two factor authentication, non-custodial bitcoin web wallets, and cryptocurrency desktop wallets.
This question is from the Open Topic Livestream Q&A, which took place on May 30, 2020. Watch the entire video here: youtu.be/BeBF2Pod_DU. If you want to ask questions early (before the live event), become a Community Builder on Patreon: patreon.com/aantonop. Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.
Related Videos:
Bitcoin Q&A: Can Bitcoin Be User-Friendly Without Compromising Security? - youtu.be/rIMzFobrJWU
Bitcoin Q&A: Climbing the sovereignty staircase - youtu.be/pOVm8YK3A_0
Related Workshop:
Learn how to Choose Your Cryptocurrency Wallet in Andreas' latest workshop: aantonop.com/workshops. Use discount code: NYKNYC (not your keys, not your coins) to save 10% on your purchase of the workshop.
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
BECOME a Community Builder: patreon.com/aantonop
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: aantonop.io/shop
Patreon: patreon.com/aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: facebook.com/AndreasMAntonopoulos
Instagram: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Twitter: twitter.com/aantonop
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Thanks for watching!
How secure are your bitcoin? Don't make easily avoidable mistakes when it comes to your cryptocurrency security and storage. Watch this video and make sure you're not storing your bitcoin in one of the worst places!
Chapters
0:00 What are the worst ways to store bitcoin?
0:16 Worst place to store bitcoin
1:56 2nd worst practice: Non-custodial, web wallet, without 2FA
2:31 3rd worst practice: Poorly secured desktop computer
3:23 The best ways to store bitcoin
Andreas has been asked, "what's the best way to secure my bitcoin" but this is the first time he's been asked what are the worst ways to store bitcoin. In this video, Andreas discusses custodial bitcoin security, two factor authentication, non-custodial bitcoin web wallets, and cryptocurrency desktop wallets.
This question is from the Open Topic Livestream Q&A, which took place on May 30, 2020. Watch the entire video here: youtu.be/BeBF2Pod_DU. If you want to ask questions early (before the live event), become a Community Builder on Patreon: patreon.com/aantonop. Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.
Related Videos:
Bitcoin Q&A: Can Bitcoin Be User-Friendly Without Compromising Security? - youtu.be/rIMzFobrJWU
Bitcoin Q&A: Climbing the sovereignty staircase - youtu.be/pOVm8YK3A_0
Related Workshop:
Learn how to Choose Your Cryptocurrency Wallet in Andreas' latest workshop: aantonop.com/workshops. Use discount code: NYKNYC (not your keys, not your coins) to save 10% on your purchase of the workshop.
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
BECOME a Community Builder: patreon.com/aantonop
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: aantonop.io/shop
Patreon: patreon.com/aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: facebook.com/AndreasMAntonopoulos
Instagram: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Twitter: twitter.com/aantonop
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Thanks for watching!



![Decentralized Identity - Bonus Livestream Session
Decentralized Identity. it just sounds cool, right? But what is decentralized identity? Can you use it now? How might it be used in the future? Watch this video to learn about all of this and more!
Chapters
0:00 Decentralized Identity Livestream Starts
1:04 Thank you Patrons
6:26 Introduction
8:59 Down the Rabbit Hole: What do the terms identity, identifier, attestation, and role mean in the context of decentralized identity?
14:10 In your opinion, what should be an ideal design of Decentralized Identity system? What are the major challenges in execution of such system?
20:47 Does Decentralized Identity (or any mass adopted PKI) automatically give us end-to-end encrypted communications? Do governments and social media networks actively resist that?
25:08 Microsoft is supporting an open source digital identity project. Please provide info on the project. What do you think of it? Are there other similar projects?
31:56 Have you read the paper Who Watches the Watchmen? by Divya Siddarth et al? Any opinions on Idena or any of the other projects mentioned in the paper?
32:50 What are the current use-cases for decentralized identity? How do such systems avoid Sybil attack?
40:07 How would you explain Decentralized Identity to a newbie to the space?
43:50 Do you see users use current ways to store their ids/keys (custodial, hot wallet for low value ids, HW id wallet etc..)? How would users manage id recovery?
50:50 Why has PGP and GPG never caught on? Never got PGP to really work, and I never met anyone in the real world to exchange keys with?
54:13 Whats the point of decentralized identity if everyones data is still being stored centrally on corporate cloud servers? How do we break free from the cloud?
56:24 What do you think of a project like orbit, combining decentralized identity (Urbit ID) with a peer-to-peer network of personally owned computation (Urbit OS)?
57:24 How can you prevent having duplicate and multiple digital identities?
1:00:01 Will DID help small vendors compete with companies such as Amazon by removing the need for a separate account per website? What might that experience look like?
1:06:25 https://www.patreon.com/aantonop
1:07:21 Are there any digital ids for stateless people? it seems all the block-chain ids require political affiliation for full market participation
How can I ask questions and vote?
Well, this event is over but you’re welcome to ask your question at the next Livestream event. You can find out when it is by subscribing to the channel and turning on notifications or by visiting this playlist [insert link to playlist].
Community Builders who support this free work on Patreon get to ask questions and vote on questions at least a week before the event. YouTube Community Members who support this work get to ask questions and vote an hour before the event starts. Everyone else gets to ask questions and vote on questions when the event starts. Giving early access is a small way Andreas can give something to the people who help to financially support the mission and still include anyone who wants to participate.
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: https://aantonop.io/youtube
BECOME a Community Builder: https://patreon.com/aantonop
You may already know that Andreas’ mission is to educate as many people as possible about Bitcoin and open blockchain technologies. Watching and sharing these videos is one way to do that. Thank you for being part of this mission!
Related Videos:
Cryptocurrency Taxes: Decentralized Exchanges (DEX) in International Waters - https://www.youtube.com/watch?v=5QvAeJiakRI
Are DEXs Actually Decentralized? Is that a DEX or a CEX? 5 Ways to Tell the Difference - https://www.youtube.com/watch?v=BRLVgb9IbtM
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Music: Unbounded by Orfan (https://twitter.com/grassfedbitcoin)
Thanks for watching! Decentralized Identity - Bonus Livestream Session](https://i.ytimg.com/vi/ySHNB1za_SE/mqdefault.jpg)




