Bitcoiners,
It’s at the point now that we all need to consider the following:
#1 self-custodial spending wallet with both sats & BTC like
@AQUA Wallet @Wallet of Satoshi or
@BULLBITCOIN.COM (even better with in-app atomic swaps to LiquidBTC & USDT).
#2 small travel wallet like @Tangem - a common form factor (card) that isn’t noticeable or trigger questions from
Immigration officials (unlike common dedicated mainstream hardware wallets). Low key OPsec but still protected.
#3 known KYC hardware wallet that all exchange purchases, sales & activities which are subject to capital gains tax & reporting. (address declared & known to authorities)
#4 completely segregated non-KYC wallet that never has sats or on-chain BTC mixed from your other wallets. This is a mining hardware wallet, a peer-to-peer bitcoin receiving wallet. You should enforce plausible deniability on it. Have a decoy number of transactions & balance without a passphrase - just seed. Under duress people can access the limited (sub 0.1 worth of bitcoin). On the same hardware wallet & seed phrase a hidden passphrase wallet with your bag
Just stuff I’m thinking about. As the value of Bitcoin climes & tax authorities coming knocking, you don’t want to mix KYC & non-KYC sats IMO.
What do you think?
