How about we do a segment called Down the Rabbit Hole, where in Down the Rabbit Hole
I ask myself the question I wish you had asked me but didn't so therefore I had to ask me,
and then I asked me and then I answered and then I give it a fancy name called Down the
Rabbit Hole just to confuse everybody about why I'm answering a question that i asked myself.
In this episode of Down the Rabbit Hole, we talk about giving the gift of crypto to
you -- by you. So when I ask myself the question I want to ask myself, and then answer myself,
that question is, "How do I gift myself a gift to myself, that I receive myself?"
That sounds really selfish but that's exactly what I'm going to suggest right now. Which is,
even before this season you gift the gift of crypto to others, first give some to yourself.
And here's what I mean. I think there's some loose crypto in your couch. In your
couch cushions. In between the couch cushions. Under the bed. Hiding in that jacket pocket.
Ok, not really but in the digital equivalent of all of those places. When's the last time you
went through your backup stash to see what mnemonics you haven't explored?
Maybe you have some leftover backup mnemonic, paper wallet? Maybe on that backup mnemonic,
paper wallet, or other system of backup you have a additional derivation path or an additional
cryptocurrency that you forgot about. Maybe you were playing with some crypto back in the day
that you forgot about. Maybe you have that account on an exchange that you were using back in 2015,
2016, 2017, 2018 and then you forgot about it. And maybe you left a bit of loose change on there,
but it wasn't really worth anything at the time. And so go back and look at that.
Maybe on your password manager, you stored a mnemonic that you were only using for testing
purposes and you forgot about it and it's still sitting there, and it only has some loose change,
but that loose change has just gone up in price by 50% over the last three months. So yes, go looking
for the crypto you forgot about. Look in all of the nooks and crannies on the computers.
Spend an hour and it might be a very rewarding hour! It may pay you, you know minimum wage
in in the united states is $7.25 which is ridiculous but in other places it's a bit
more. For an hour of your time can you get $20.00 worth of crypto from some hidden stash that you
forgot about? So that's the Down the Rabbit Hole for this session. Before you start gifting crypto
to others, spend an hour this season. If you don't find anything, you have achieved my hidden
goal. And my hidden goal is that you just did a backup and security audit of your crypto backups!
You managed to make sure it's still there, it's in the place you expected it to be. It hasn't been
devoured by rodents while you weren't looking. It hasn't been swiped by your annoying
cousin who used it to buy weed and it's still there. And even better -- you learned
something about maybe derivation paths or legacy addresses or how to import it. Or you did a test
with a different system. Now don't go importing your cold storage that you know already has maybe
a more significant amount of money into a hot wallet just to see if there's some loose change.
That's not a good idea and you would be exposing those keys to potentially corrupt software,
malware that you downloaded just for this test. No, don't do that. Cold storage should stay cold
and only ever be imported into a hardware wallet. But there's always the possibility that you have
some other wallets lying around. I hope you enjoyed that video. If you'd like to support me
in my mission of educating people about bitcoin and open blockchains, all around the world,
and publishing free content under creative commons licenses, please consider subscribing
to the channel, sharing this video, as well as supporting me on patreon.com
a-a-n-t-o-n-o-p thank you