46: Rick Messitt ON: Keep Your Bitcoin Safe

The Block Reward | Bitcoin For Beginners

13-08-2024 • 51 mins

In this episode, Scott interviews Rick Messitt, Chief of Marketing at The Bitcoin Way. Rick shares his personal Bitcoin journey and the hard lessons he learned along the way. With over a decade of experience, Rick emphasizes the importance of prioritizing security, privacy, and self-custody when dealing with Bitcoin. He opens up about his own devastating loss and the emotional impact it had, underlining the critical need for strong cybersecurity measures in the Bitcoin space.

Rick is the Chief Marketing Officer at The Bitcoin Way, a team of cyber security experts that transform people into sovereign individuals. The Bitcoin Way teaches you how to upgrade your device security so that you can protect your privacy and your Bitcoin, all the while developing robust inheritance plans and securing ‘Plan B’ citizenships.

Timestamps:

3:30 Understanding the importance of secure Bitcoin custody.

7:54 Why holding Bitcoin is a long-term investment strategy.

15:19 Avoiding common pitfalls in choosing hardware wallets.

24:20 The significance of KYC (Know Your Client) data in Bitcoin security.

32:32 Real-world risks of unsecured Bitcoin storage.

38:41 Steps to improve overall cybersecurity for Bitcoin.

45:14 Benefits of professional guidance in Bitcoin security.

Connect with Rick on X.

Resources Mentioned:

The Bitcoin Way | Website

KeePass Safe | Website