Comment by ArtTimeInvestor
18 days ago
There is none yet.
If there was one, someone would write down the steps necessary and put them on the internet. But I have never seen a sound description of how to self-custody Bitcoin in a safe way.
The hardest part seems to not even be the one that currently creates all those problems - the hardware and software used. The hardest part is storing the key (for example a seed phrase). If anyone says they know a way to safely store Bitcoin, my first question is: How do you store the key?
Where do you store your bank password? Couldn't the same be used for a seed phrase?
The sensitivity of my bank password is much lower than a seed phrase because most bank transactions can be reversed as long as I notice them in time and prove my identity to my bank.
With bitcoin nothing is reversible so every step of the process is a huge security risk where you can fall off a cliff and experience financial permadeath of "your" crypto, assuming a sufficiently motivated attacker.
remember it? Write it down somewhere hidden if you have to.
There are a few out there, but this is probably the best: https://github.com/bowlarbear/yeti-2.0