Episode notes
The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.
Thanks to our hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/jeremy_m16
https://www.twitter.com/hardblockbtc
https://www.twitter.com/ausbitcoinpod
Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au
References
How to Upgrade Your Email Privacy
https://learn.hardblock.com.au/how-to-upgrade-your-email-privacy/
How to Upgrade Your Bitcoin and Online Privacy and Security With a Password Manager
https://learn.hardblock.com.au/how-to-upgrade-your-online-security-with-a-password-manager/
Opt Out Podcast with Bitwarden
https://www.youtube.com/watch?v=Bj7YoZRsqJk
Ian Coleman BIP39 Calculator
https://iancoleman.io/bip39/
Check if your passwords have been exposed in a data breach
https://haveibeenpwned.com/Passwords
Notes
- Why use a password manager?
- Humans are a terrible source of entropy/randomness
- Humans are forgetful (remembering unique passwords paired with unique email aliases for every site you use is impossible!)
- Storing passwords in your web browser is not secure (e.g., these passwords are stored in clear text and are accessible if someone has remote or physical access to your browser)
- Password managers protect against the most common "hacks" (i.e., a data breach/leak leading to credential stuffing attack)
- You can store more than passwords in a password manager (e.g., secure notes, credit card details, account numbers, etc)
- What's a good password? Either 12-16 characters combining letters, numbers, and symbols, or 5-7 words from the short or long word list
- Comparing Bitwarden, LastPass, and KeepassXC
- Bitwarden features (apart from password management): can send encrypted text and files; Bitwarden is free, open source, end-to-end encrypted, available across all browsers, devices, and operating systems; Bitwarden includes self-hosting options, online and offline storage options, and has more advanced features for paid version (e.g., sending encrypted files, emergency access or pseudo inheritance planning, etc)
- Control + Shift + L for the win!
- Backup your password manager master password as if it were your bitcoin mnemonic seed (e.g., store it physically, maybe in steel, possibly in more than one location)
- It's best to set up your password manager with a two-factor authentication (2FA) for added security, but be sure to backup the 2FA recovery too (and ideally
keep it separate from the backup of your master password!)
- Password managers take a while to set up, but it'll make security much easier to maintain after that!
