Nicolau Teixeira on Nostr: In Bitcoin, ownership and security are based on cryptographic keys — no banks, no ...
In Bitcoin, ownership and security are based on cryptographic keys — no banks, no intermediaries. Just you and your private key.
How It Works:
01 - Private Key: A secret code that controls your Bitcoin. Never share it.
02 - Public Key: Derived from the private key, used as your address to receive funds.
03 - You sign transactions with your private key. The network verifies them using the public key.
04 - If the signature checks out, the transaction is valid and irreversible.
"Not your keys, not your coins."
If you don’t control the private key, you don’t control the Bitcoin.
Best Practices:
01 - Use offline storage (cold wallets)
02 - Prefer hardware wallets
03 - Keep secure backups
04 - Beware of phishing & malware
If you lose your private key, your Bitcoin is gone - forever.
This is true freedom, but it comes with real responsibility.
Bitcoin hands you financial sovereignty - censorship resistance, independence, and control - but only if you hold your keys.
From your favorite Bitcoiner from Madeira - viva a liberdade! 🧡
Published at
2025-05-04 17:05:35Event JSON
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"id": "1abb2ed44feb729625fb05694ea1f1390c9f5ca11d81dba74a87d6081dd85dee",
"pubkey": "90c656ff23c9bcb41e72660e7c69fd81a69a3427ba3191dde03ba2869383fd4e",
"created_at": 1746378335,
"kind": 1,
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"content": "In Bitcoin, ownership and security are based on cryptographic keys — no banks, no intermediaries. Just you and your private key.\n\nHow It Works:\n\n01 - Private Key: A secret code that controls your Bitcoin. Never share it.\n02 - Public Key: Derived from the private key, used as your address to receive funds.\n03 - You sign transactions with your private key. The network verifies them using the public key.\n04 - If the signature checks out, the transaction is valid and irreversible.\n\n\"Not your keys, not your coins.\"\n\nIf you don’t control the private key, you don’t control the Bitcoin.\n\nBest Practices:\n\n01 - Use offline storage (cold wallets)\n02 - Prefer hardware wallets\n03 - Keep secure backups\n04 - Beware of phishing \u0026 malware\n\nIf you lose your private key, your Bitcoin is gone - forever.\nThis is true freedom, but it comes with real responsibility.\n\nBitcoin hands you financial sovereignty - censorship resistance, independence, and control - but only if you hold your keys.\n\nFrom your favorite Bitcoiner from Madeira - viva a liberdade! 🧡\n\n",
"sig": "098a859850d5b89d137bccf1a72db1425ff3a6edc2ecb78989220e3af7c2d91ddfe9e5c3f42459db1da644bd0d49168e84e617fcdb1c162fcd8d10e924f1d471"
}