@@ftapon what's it about? I felt like I got a bunch out of your videos (even the crazy ones with the angolans who couldn't get out of the car hahahahaha), so I thought I'd make a small contribution. Thank you!!
@@mikemolsonhart4377 one is the self-help book about hiking the Appalachian trail, and the second one is about my three and a half years of travel to all 25 Eastern European countries Or you can get a preview copy of my Africa book, but I haven't written about the angolans yet!
You would not want to store your passphrase together with your mnemonic seed. I think the biggest bonus from a passphrase is that if someone steals your recovery seed they still can't access your coin. It gives you time to transfer your money.
I agree with you, but there's also a risk of overcomplicating your life when you store things in different places. The more complex your recovery process is, the more likely that something goes wrong along the way. And each person has to decide how complex they want to make but you have to realize that there is a trade off that the more security you get the more possibility that you will make a mistake.
I’m unable to get the tool to puncture the squares. Barely makes a visible scratch. Tried pressing hard with my hand as well as a hammer. Still barely a scratch. What am I doing wrong??
Nice review...but for folks using an automatic center punch...here's a simple instruction video (ua-cam.com/video/X2YxlO3ougA/v-deo.html). DON'T use a hammer with the punch. The punch has a built in spring, that when one pushes down on the top of the punch it pre-loads and then releases. On release it punches the pin into the material. NO NEED for a hammer! Again...thanks for the review Francis. Nice job.
Although I understand why you believe that, some people might want to simplify their security. Others prefer complexity. For instance, some say you should put 12 words in one place and 12 words in another place - for added security. Others say that's just one more thing that could go wrong.
@@ftapon Yea im talking about passphrases not splitting seed phrases. Seed phrase and passphrase are 2 totally different things. A passphrase serves no purpose whatsoever except to prevent someone who gets your seedphrase from gaining access to your crypto because they would also need your passphrase. The company sells a separate plate with uppercase/lowercase letters, numbers, and special characters for your passphrase for this exact reason. If one is only concerned about inheritance and not thieves, then they shouldnt have passphrase at all. No need for one. Having a PASSphrase and storing it with your SEED phrase defeats the whole purpose of having a passphrase in the first place
@@frustratedmajority851 I understand your point - and it's a good one. There's still a reason why someone may want to have a passphrase and store it next to wherever he's written the seed phrase. I explain that in this video ua-cam.com/video/nE98q75kik0/v-deo.html&lc=UgyYIKpXLKOuBxsJEM94AaABAg (skip to 24:50). Also, the reason I used the analogy of splitting up your seed phrase in two 12-word backups is the same reason you suggest not putting the passphrase and seed phrase in the same place. You're saying: for security, you're giving someone the keys to all your money by giving them the seed phrase + passphrase in one shot. Someone could say the same thing if you backup the entire 24-word seed phrase in one place instead of breaking it up in 2. I hope you get my point now.
@@frustratedmajority851 I understand what you're saying and why you're saying it. Still, I believe there are some reasons why you might want a passphrase even if you store the info next to your seed phrase. I explain it in this video ua-cam.com/video/nE98q75kik0/v-deo.html&lc=UgyYIKpXLKOuBxsJEM94AaABAg Jump to 24:50. Secondly, you don't understand analogy about splitting your seed phrase in half and placing them in two locations to increase your security. You're saying that you shouldn't put your passphrase and seed phrase in the same place. Some paranoid, security-minded people say that you shouldn't put your entire 24-word seed phrase in one place either! They would say that you and I are fools for putting our 24-words in one location just like you are saying that we shouldn't put the passphrase and seed phrase in one location.
@@ftapon Oh yea. I forgot about kidnapping... because that's way more likely than a thief stealing your bitblock. Never mind man. Your clearly set in your ways and refuse to be corrected on your own channel. By the way, this is how a automatic center punch works... ua-cam.com/video/4IkRJTokIPM/v-deo.html
Thanks!
Thank you for being my first-ever donor!!!
If you want a free ebook of mine, let me know!
@@ftapon what's it about?
I felt like I got a bunch out of your videos (even the crazy ones with the angolans who couldn't get out of the car hahahahaha), so I thought I'd make a small contribution.
Thank you!!
@@mikemolsonhart4377 one is the self-help book about hiking the Appalachian trail, and the second one is about my three and a half years of travel to all 25 Eastern European countries
Or you can get a preview copy of my Africa book, but I haven't written about the angolans yet!
@@ftapon Dang that's really cool! Thanks Francis
@@mikemolsonhart4377 send me an email on my contact form and I'll email you the book If you want. Thanks again
You would not want to store your passphrase together with your mnemonic seed. I think the biggest bonus from a passphrase is that if someone steals your recovery seed they still can't access your coin. It gives you time to transfer your money.
I agree with you, but there's also a risk of overcomplicating your life when you store things in different places. The more complex your recovery process is, the more likely that something goes wrong along the way. And each person has to decide how complex they want to make but you have to realize that there is a trade off that the more security you get the more possibility that you will make a mistake.
@@ftapon Yes of course. I just commented because you had a minor complaint/note that the seed plate doesn't have a place for the passphrase.
NVK recommends using a marker to mark the letters before punching them, so you can clean up mistakes easier.
There is DIY alternative for fraction of the price - guess which one I mean? :))))
I’m unable to get the tool to puncture the squares. Barely makes a visible scratch. Tried pressing hard with my hand as well as a hammer. Still barely a scratch. What am I doing wrong??
Are you sure it is the same tool that I am using in the video?
Maybe you got a cheap knock off of the tool ?
@@ftapon thanks for the reply! I got it from CoinKite. I actually tried again and hit it harder. It’s looking much better now! Thanks again!
That is an automatic center punch, you’re supposed to press it on the plate and it will punch the dot, you don’t need a hammer.
Yes, I point that out at the end of the video at 9:40
What channels do you follow to educate yourself on bitcoin and blockchain? Do you have a favorite 2 or 3? Thank you!
Nice review...but for folks using an automatic center punch...here's a simple instruction video (ua-cam.com/video/X2YxlO3ougA/v-deo.html).
DON'T use a hammer with the punch. The punch has a built in spring, that when one pushes down on the top of the punch it pre-loads and then releases. On release it punches the pin into the material. NO NEED for a hammer! Again...thanks for the review Francis. Nice job.
You would NEVER want to store your seed phrase and your passphrase together. That defeats the whole purpose of having a passphrase in the first place
Although I understand why you believe that, some people might want to simplify their security.
Others prefer complexity.
For instance, some say you should put 12 words in one place and 12 words in another place - for added security.
Others say that's just one more thing that could go wrong.
@@ftapon
Yea im talking about passphrases not splitting seed phrases. Seed phrase and passphrase are 2 totally different things. A passphrase serves no purpose whatsoever except to prevent someone who gets your seedphrase from gaining access to your crypto because they would also need your passphrase. The company sells a separate plate with uppercase/lowercase letters, numbers, and special characters for your passphrase for this exact reason.
If one is only concerned about inheritance and not thieves, then they shouldnt have passphrase at all. No need for one.
Having a PASSphrase and storing it with your SEED phrase defeats the whole purpose of having a passphrase in the first place
@@frustratedmajority851 I understand your point - and it's a good one.
There's still a reason why someone may want to have a passphrase and store it next to wherever he's written the seed phrase.
I explain that in this video
ua-cam.com/video/nE98q75kik0/v-deo.html&lc=UgyYIKpXLKOuBxsJEM94AaABAg (skip to 24:50).
Also, the reason I used the analogy of splitting up your seed phrase in two 12-word backups is the same reason you suggest not putting the passphrase and seed phrase in the same place.
You're saying: for security, you're giving someone the keys to all your money by giving them the seed phrase + passphrase in one shot.
Someone could say the same thing if you backup the entire 24-word seed phrase in one place instead of breaking it up in 2.
I hope you get my point now.
@@frustratedmajority851 I understand what you're saying and why you're saying it.
Still, I believe there are some reasons why you might want a passphrase even if you store the info next to your seed phrase.
I explain it in this video ua-cam.com/video/nE98q75kik0/v-deo.html&lc=UgyYIKpXLKOuBxsJEM94AaABAg
Jump to 24:50.
Secondly, you don't understand analogy about splitting your seed phrase in half and placing them in two locations to increase your security.
You're saying that you shouldn't put your passphrase and seed phrase in the same place.
Some paranoid, security-minded people say that you shouldn't put your entire 24-word seed phrase in one place either!
They would say that you and I are fools for putting our 24-words in one location just like you are saying that we shouldn't put the passphrase and seed phrase in one location.
@@ftapon
Oh yea. I forgot about kidnapping... because that's way more likely than a thief stealing your bitblock. Never mind man. Your clearly set in your ways and refuse to be corrected on your own channel.
By the way, this is how a automatic center punch works...
ua-cam.com/video/4IkRJTokIPM/v-deo.html
you're a pretty good looking guy, great videos!
50$ for pece of metale is too overpriced you can find better options for 20$ or less
🤩😂
Hail Satan!
Cool but it defeats safety.
How?