The Bitcoin Way Podcast

Most Bitcoiners make at least one self-custody mistake. Between them, our guests have made nearly all of them.

In this special edition of Bitcoin Banter, Michael sits down with Mike from Bitcoin Straight Up and Bitcoin Katie to compare their journeys into Bitcoin self-custody. There are exchange collapses, Celsius and FTX, a hardware wallet bought from the wrong place and a seed phrase mistake that cost real Bitcoin.

They also get into why collaborative custody wasn't enough, whether you need to be technical to hold your own keys, and what changes once you run your own node.

Still keeping your Bitcoin on an exchange? Watch this before you repeat their mistakes.

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🔑 Where's your seed phrase right now? Learn how to store and back it up properly: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_source=tbw&utm_medium=fountain&utm_campaign=bitcoin-banter&utm_content=desc

📞 Wondering if our self-custody training is right for you? Book a free 30-minute call: https://www.thebitcoinway.com/contact?utm_source=tbw&utm_medium=fountain&utm_campaign=bitcoin-banter&utm_content=desc

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⏱️ TIMESTAMPS:

00:00 - From Gold Bug to Bitcoin

03:19 - Every Custody Mistake in the Book

08:58 - The Seed Phrase Mistake That Cost Bitcoin

12:10 - Why Go Straight to Full Self-Custody?

21:29 - Do You Need to Be Technical?

26:39 - What Running Your Own Node Changes

35:51 - Reasons to Take Self-Custody

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🎙ABOUT OUR SHOW:

On Bitcoin Banter, Michael and members of The Bitcoin Way team discuss current events related to Bitcoin, macroeconomics, finance, politics, and more.

Follow Michael on X: https://x.com/theothermjordanFollow Mike on YouTube: https://www.youtube.com/@BitcoinStraightUpFollow Katie on YouTube: https://www.youtube.com/@BitcoinKatie

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❗DISCLAIMER:

This show is for entertainment purposes only. Before making any financial or legal decisions, consult a professional.

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🔑 Learn how to take 100% self-custody of your Bitcoin: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_source=tbw&utm_medium=fountain&utm_campaign=bitcoin-banter&utm_content=desc

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Governments are showing their hand — and it's aimed directly at your wealth. The Netherlands is proposing 36% unrealized capital gains taxes on Bitcoin held in self-custody. Illinois just passed the most aggressive Bitcoin transaction tax in the US. Germany is ordering 18-year-olds into military service. The UK wants to seize empty homes. Spain has enacted forced rent controls.

The pattern is clear: failing fiat systems are desperate, and they're coming for what you own.

Michael, Tony, and guest Adam Simecka break down every headline and explain why self-custody Bitcoin is the only asset they truly cannot touch. Plus: our Donkey of the Week.

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⏱️ TIMESTAMPS:

00:00:07 - Netherlands Bitcoin Tax Attack

00:06:14 - Illinois Bitcoin Transaction Tax

00:10:52 - Bitcoin Adoption Hits 4%

00:16:56 - Germany's Military Conscription

00:24:06 - UK & Spain Property Seizures

00:30:16 - Donkey of the Week

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🎙ABOUT OUR SHOW:

On Bitcoin Banter, Michael and members of The Bitcoin Way team discuss current events related to Bitcoin, macroeconomics, finance, politics, and more.

Follow Michael on: https://x.com/theothermjordan

Follow Tony on: https://x.com/V4BTC

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❗DISCLAIMER:

This show is for entertainment purposes only. Before making any financial or legal decisions, consult a professional.

🔑 Learn how to take 100% self-custody of your Bitcoin: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_source=tbw&utm_medium=fountain&utm_campaign=bitcoin-banter&utm_content=desc

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About 70% of Bitcoin is secured in a single-signature setup — but is that actually a problem? In this informative episode of Bitcoin Banter, Michael sits down with his Bitcoin Way colleagues Bert and Kyle to dive deep into one of the most debated topics in self-custody: singlesig vs. multisig Bitcoin self-custody setups.

They break down what each setup means, why The Bitcoin Way doesn't do "naked" singlesig, how a high-entropy passphrase changes the security equation, and why the multisig descriptor is a privacy risk most people overlook. They also cover seed backup redundancy, hardware wallet security, entropy generation, and why inheritance planning is what most Bitcoiners ignore until it's too late.

Don't miss this episode if you want to learn whether singlesig or multisig might be best for you.

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⏱️ TIMESTAMPS:

0:00 Single Sig vs. Multi-Sig Overview

4:34 The Case for Single Sig + Passphrase

13:10 Seed Backup & Redundancy

15:40 Inheritance Planning

24:48 Hardware Wallets & Air Gap

27:45 Generating Entropy Securely

38:49 Which Setup Is Right for You?

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🎙ABOUT OUR SHOW:

On Bitcoin Banter, Michael and members of The Bitcoin Way team discuss current events related to Bitcoin, macroeconomics, finance, politics, and more.

Follow Michael on: https://x.com/theothermjordan

Follow Bert on X: https://x.com/BitcoinBrabant

Follow Kyle on X: https://x.com/kwsantiago

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🗞️: https://www.thebitcoinway.com/resources/newsletter

❗DISCLAIMER:

This show is for entertainment purposes only. Before making any financial or legal decisions, consult a professional.

🔑 Learn how to take 100% self-custody of your Bitcoin:

https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_source=tbw&utm_medium=fountain&utm_campaign=podcast&utm_content=desc

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https://www.thebitcoinway.com/resources/newsletter?utm_source=tbw&utm_medium=fountain&utm_campaign=podcast&utm_content=descBrett

Hansen, author of The Belief Machine and Bitcoin Not Crypto, joins Michael Jordan to explore why intelligent, successful people often reject Bitcoin. They dissect the psychology of belief, identity preservation, and how Bitcoin acts as a mirror for our worldview. Hansen shares his Bitcoin origin story, why property rights became his core conviction, and why most people orange-pill themselves. They also discuss tribalism, the tension between freedom and safety, the challenge of living on a Bitcoin standard, and why pricing everything in fiat undermines Bitcoin as peer-to-peer cash.⏳ TIMESTAMPS:

01:20 Intro and prologue story

03:27 The insurance question

05:32 Why people say no

08:31 Beliefs are investments

12:55 Map vs territory

18:28 Lessons for everyone

25:34 Identity and work

30:31 Tribalism is a drug

36:06 Bitcoin Not Crypto

41:19 Brett’s Bitcoin origin

42:35 Property rights core

49:04 Orange pill yourself

53:27 Freedom versus safety

58:25 Fiat denominator problem

01:03:39 Living Bitcoin standard

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OUR SHOW:

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This week on Bitcoin Banter Michael, Katie and Adam chat about the Revolut KYC leak affecting almost 700 wealthy crypto clients, and why big centralized KYC databases keep turning into honeypots for criminals and fraudsters.

We also dig into Bull Bitcoin challenging the EU DAC8 rules in French courts, how DAC8 forces crypto companies to share customer data with tax authorities across borders, and what that means for Bitcoin privacy and self custody.

Plus we cover the Federal Reserve's latest interest rate hike and inflation outlook, Trump's proposed $5,000 dividend for all US adults, and our Donkey of The Week - Canadian PM Mark Carney! Join us for a casual roundup of Bitcoin regulation, global economic trends, and government control debates.

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⏱️ TIMESTAMPS:

00:00 Revolut KYC Data Breach Exposes 700 Crypto Clients

09:13 Bull Bitcoin vs DAC8 EU Crypto Data Sharing Rule

15:52 Trump $5000 Dividend Proposal and Inflation Risk

20:52 Fed Hikes Rates 0.25 Percent and Bitcoin Impact

25:44 Donkey of the Week - Canada's PM Mark Carney!

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🎧 LISTEN TO OUR POD & OTHER EPISODES:

YouTube: https://www.youtube.com/@TheBitcoinWayRumble: https://rumble.com/user/thebitcoinwayRSS: https://feeds.buzzsprout.com/2334006.rss

🎙ABOUT OUR SHOW:

On Bitcoin Banter, Michael and members of The Bitcoin Way team discuss current events related to Bitcoin, macroeconomics, finance, politics, and more.

Follow Michael on: https://x.com/theothermjordanFollow

Adam on: https://x.com/AdamSimeckaFollow

Katie on YouTube: https://www.youtube.com/@bitcoinkatie

🔗CONNECT WITH US:

X: https://twitter.com/thebitcoinway_N: npub1lrj3lsskez59qu68v5fpnur7ythe7s5e4qcelclha6t6r9q5pqgsl2m

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❗DISCLAIMER:

This show is for entertainment purposes only. Before making any financial or legal decisions, consult a professional.