Partnership: The Bitcoin Adviser for Collaborative Security
Join us for a deep dive discussion covering Bitcoin's 2024 performance, and the evolution of self-custody between Peter Dunworth from The Bitcoin Adviser, and James Check.
G’day folks!
I am extremely pleased to announce our new partnership with The Bitcoin Adviser, an Australian firm dedicated to helping Bitcoiners from around the world secure their coins for life. This is something we’ve had on the horizon since day one of the checkonchain project, and it is a partnership that I truly believe in (more on this shortly).
Launch Webinar
We’re kicking this off with a webinar discussion between James Check, and Peter Dunworth from The Bitcoin Adviser. The session will provide a thorough analysis of the 2024 Bitcoin market landscape, assess key market events, and dive into the state of institutional adoption of Bitcoin.
We will also explore the challenges that many Bitcoiners encounter along their journey pertaining to self-custody, estate planning, and the long-term security of our coins. Peter is an wealth of knowledge on this topic, and has an extraordinary bank of stories to illustrate many of the hidden risks we tend to overlook.
Agenda Highlights:
- Review of Bitcoin’s 2024 performance
- Understanding and navigating volatility
- State of institutional adoption
- Self-Custody best practices and the role of collaborative security
- Audience Q&A
New Partnership Announcement
The world of Bitcoin can be a wild ride, and the Checkonchain project is all about helping our subscribers navigate the volatility with confidence. There is however another area where risk arises along a Bitcoiner’s journey, and that is the technical and physical security of our coins, especially over the long-term, and for our loved ones.
As a strong advocate of self-custody, I’ve found myself pondering the problem of inheritance, estate planning, and single points of failure in my custody setup. As I grow older, and my life commitments change, so too did the range of considerations behind how I custody my Bitcoin.
The Inheritance Test
I decided to run a test with my loved ones, where I asked them to spend from my cold wallet, just in case something happened to me. I came to a few painful realisations:
I had thought a lot more about my security setup than they had.
The hardware, software, and Bitcoin itself were not as intuitive to them, as it was to me.
I found a long list of ways my coins could end up lost, locked, or sent to the wrong address.
I was not confident that they would be able to access my coins without my active guidance.
I was spending an increasing number of hours each week worrying about the physical and technical security of my coins.
By my estimates, around 18 to 23% of the BTC supply is lost, mostly due to human error. I truly do not want any of the hard earned proof-of-work of my subscribers, nor myself to become one of those statistics. It became obvious to me that thinking ahead and planning for inheritance and long-term security today, is the correct low time preference manoeuvre.
The Bitcoin Adviser Solution
This is where The Bitcoin Adviser comes in. Another Australian owned business, headed up by the brilliant Peter Dunworth and Andy Pattinson, two gents I have the great pleasure of calling friends.
The Bitcoin Adviser specialises in helping Bitcoiners secure their coins for life via multi-sig vaults, estate planning, and collaborative security.
They have team of world class Bitcoiners located around the world, many of whom are my friends, and you have likely encountered them on twitter, on podcasts, and on the conference circuit. The team offers white glove onboarding and advice to help you build a robust estate plan, and account for all of the not-so-obvious single points of failure.
Honesty and Transparency
We take the selection of partners very seriously, and our bar is extremely high. I believe the combination of checkonchain’s analysis, and the assurances of collaborative security by The Bitcoin Adviser is the perfect match for helping Bitcoiners navigate the long-term.
For full transparency, checkonchain receives a portion of The Bitcoin Adviser fees from any referred clients who onboard with their service. This revenue is Bitcoin denominated, works towards making us sustainable over the long-term, and is sourced from a team and product we trust.
We wholeheartedly believe in the products, the team, and services offered by The Bitcoin Adviser. We also promise that the way we discuss and deliver commentary associated with this partnership will always be thoughtful, and we will ensure it does not disturb your checkonchain experience as a Paid Subscriber.
If the idea of collaborative security, multi-sig vaults, and inheritance planning is of interest, we encourage you to visit out our landing page to book a free, no hassle consultation with their team.
We’re extremely excited to join the Bitcoin Adviser team, and if you have any questions at all, please feel free to reach out, and I am very happy to talk it through.
Thanks for reading,
James
Hey James, awesome idea! Any chance this will be recorded and made available? Will be midnight my side...