Bitcoin for Beginners Playlist: Intro to Bitcoin, Satoshi, Security, Mining and More - Bitcoin Q&A: Is Multi-sig for the Average User?

What’s the simplest way to use multi-sig? There are a number of wallets and services that facilitate a multi-sig setup, which ones are recommended? Is multi-sig a good solution for the “commoner”? In this Clip Andreas examines the available multi-sig and cold storage options. Chapters 0:00 Do you recommend multi-sig for the 'commoners' and what would be a good solution for them? 2:50 Multi-factor multi-sig 4:25 What exactly are you trying to protect against? 5:45 There are a number of wallets and services that facilitate a multi-sig setup, which ones are recommended? Is multi-sig a good solution for the “commoner”? 8:06 Partially Signed Bitcoin Transaction (PSBT) This question is from the February 2020 live Q&A for Patrons, which took place on February 29th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Patron: https://www.patreon.com/aantonop Related Videos: Bitcoin Q&A: What is a private key? - https://youtu.be/xxfUpIV9wRI Bitcoin Q&A: How do mnemonic seeds work? - https://youtu.be/wWCIQFNf_8g Bitcoin Q&A: Passphrases and seed storage - https://youtu.be/jP7pEgBpaO0 Bitcoin Q&A: How do I choose a wallet? - https://youtu.be/tN6b62sEpsY Bitcoin Q&A: Setting up secure storage devices - https://youtu.be/wZ9LxLLvfXc Bitcoin Q&A: Hardware wallets and attack surface - https://youtu.be/8mpDcBfNA7g Bitcoin Q&A: How do I secure my bitcoin? - https://youtu.be/vt-zXEsJ61U Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies. Subscribe to this channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! Follow on Twitter: @aantonop // https://twitter.com/aantonop Connect on Facebook: https://www.facebook.com/AndreasMAntonopoulos Connect on LinkedIn: https://www.linkedin.com/company/aantonop/ Follow on Instagram: https://www.instagram.com/amantonop/ Learn More: aantonop.com Listen to the “Unscrypted” Podcast: https://aantonop.com/unscrypted/ MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ MASTERING ETHEREUM: https://amzn.to/2xdxmlK THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ THE INTERNET OF MONEY, v3: https://aantonop.io/tiomv3 Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq German, 'Das Internet des Geldes' (v1) - https://amzn.to/2LEiyqO German, 'Das Internet des Geldes' (v2) - https://amzn.to/2VCzse5 French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin) Join the aantonop Channel: https://aantonop.io/joinaantonopyt