Crypto Security: How to securely own Bitcoin or another Digital Asset

By January 23, 2019 February 1st, 2019 Cryptobay, Cryptocurrency

Maybe 2018 was not the best year for crypto in terms of investments, however, it was the best year by far in terms of tech development and adoption. Corporations and financial institutions started experimenting with blockchain spending billions of dollars, with many people and also businesses using and investing in future crytocurrency, a site like instant cryptocurrency converter could interest many in investing or exchanging crypto. Regulators coming up with a better understanding of the space and appropriate legislation. Awareness is growing and more people will be joining crypto space and looking to Buy Bitcoin, especially in the next bull run. This, in turn, will attract a lot of malicious actors.
In the next several meetups I would like to explore:
– safe ways of acquiring and storing crypto
– different risks and possible attacks along with scams and how to identify and avoid them
– privacy, surveillance and identity theft
– general cybersecurity
– safe practices for dealing with crypto as a business/corporation
– inheritance planning for digital assets
– alternatives to the popular Bitcoin such as Litecoin, so as to not over-saturate the market, look at this useful link to find out more about Litecoin

This week we will be talking about fundamentals:
– what is blockchain and how bitcoin works
– what keeps you anonymous on the public ledger
– where and how to buy Bitcoin (exchanges, OTC, ATMs)
– other ways of acquiring Bitcoin (mining, getting paid, airdrops)
– how safely store your Bitcoin (backup seed, web vs. mobile vs. desktop
vs. hardware vs. paper wallets)