In the preceding chapter, we learned about the fundamentals of Bitcoin and looked at blockchain and some of its advanced concepts. We got a brief overview of various systems, such as centralized systems, decentralized systems, and distributed systems. We also looked at some of the positive features and limitations of decentralized systems, and how they impact various aspects. In this chapter, we will go through some of the following general concepts:
- User security and best practices for Bitcoin
- Hardware wallets
- Physical Bitcoin storage
- Balancing and diversifying investment risks
- Survival of cryptocurrency
