0:00

I'm just going to check the price

0:02

of Bitcoin . Guess what the price of

0:04

Bitcoin is right now . Just take a wild guess . If we're talking

0:06

Canadian or US , I

0:08

don't know the price in Canadian dollars , so

0:10

let me convert . You're probably pretty close . Actually

0:13

, seriously , it doesn't pop right up

0:15

. Would you say 32 ? It's actually 36 . So

0:17

you're pretty close , but I thought you

0:19

were gonna guess in American dollars , and

0:22

American at 26.6 thousand

0:24

US dollars . There are

0:26

welcome to episode 96 of the have a Report podcast

0:29

. Just gonna verify how many days there actually

0:31

was until the Bitcoin halon . Oh , I shouldn't

0:33

hit the table while I'm recording . It's like the whole

0:35

screen goes 198 days . What did I

0:37

say ? 200 and something . There are 198

0:40

days left until the next Bitcoin halon

0:42

. What did you wanna ask me ? Do you wanna know about BlockFi

0:44

? What do you wanna know about BitFi ? Bitfi

0:47

is a hardware wallet that goes beyond

0:50

cold storage . It goes

0:52

beyond cold storage because private

0:54

keys are wiped every time you use it . So

0:57

, rather than like a Trezor or a

0:59

Ledger cold wallet , this is a

1:01

BitFi and the keys

1:03

usually stay on the traditional

1:05

wallets , and this

1:08

actually wipes the keys from

1:10

the RAM as soon as you're done using it , making

1:12

it more like a calculator than

1:14

something that's holding memory on here . Like

1:17

I said , the memory is wiped clean . They

1:19

did a big bounty hunt for this

1:21

wallet Years ago . Somebody was

1:23

able to extract the keys when

1:26

they cold booted it onto

1:28

their computer right after entering it . But

1:30

that wasn't part of the bounty program

1:32

. It had to be shipped to them in a reasonable

1:34

manner in which you would hack somebody else

1:36

, not hacking your own device . But

1:38

they've since updated it and put liquid cooling

1:41

, like some sort of liquid thing

1:43

in here , that if you were to cold boot it now

1:45

it would actually self destruct and you

1:47

couldn't use this anymore . So if you fiddled with it and

1:49

tried tampering with it , it would self destruct

1:52

, basically , and you can't really use it anymore

1:54

. It becomes dysfunctional . It's good for long-term

1:56

storage and it's not like the most user

1:58

friendly , like when you're pressing the buttons on the screen

2:00

. But considering you can like go

2:03

to another country and have to declare money

2:05

by having it goes a long way . Well

2:07

, when you go across

2:09

a country , there's actually

2:11

a question on the customs form and it says

2:13

are you carrying over $10,000 worth

2:15

of money ? I'm not actually sure , like if

2:18

that's just Canadian or US , but you've

2:20

seen that question before . We have to answer that question

2:22

. And if you have a traditional hardware

2:24

wallet like a Trezor or a Ledger , then

2:26

you'd have to declare you have over $10,000

2:28

by having that device with you , because

2:30

the keys are actually on it . This one

2:33

deletes the keys . There's nothing

2:35

on it . They could take this from you . You could have

2:37

it . I don't care . I still have my money at the end of the day

2:39

because I can just order a new Bitfie or use the backup

2:41

program that they have on their website and then

2:43

also that I have on my own website at havernportcom

2:46

forward slash Bitfie . No , we're

2:48

not finished . We're not finished . We

2:50

have four minutes of footage , probably like

2:53

in 10 seconds , that I'll actually use . What else

2:55

do you want to know about the Bitfie ? Answer me , why is the

2:57

Bitfie better than traditional cold storage

2:59

? Because it wipes my keys . Yes , you're

3:01

right , it does wipe my keys . It wipes it from

3:03

the RAM . That's why it is a very unique

3:06

way to cold storage and you should set one up

3:08

. You should set up your own Bitfie

3:10

. All you have to do is buy one . With my

3:12

link below , you'll see in the show notes you'll see

3:14

my $30 off Bitfie . Let

3:16

me clean this up and just let me make sure I got that

3:18

link . So go to havernportcom

3:21

, forward slash Bitfie For more

3:23

information and to get $30 off

3:25

your Bitfie device . It's not

3:27

smudgy anymore . It's not smudgy . You're still

3:29

recording , though , what else you got to say ? You're

3:31

taking too long . Now I'm just gonna lean back Like

3:34

Bobby what's her name ? And curl up on

3:36

my chair in the bed . You

3:38

just muted my microphone . You just muted my microphone

3:41

. Okay , so long story short , bitfie

3:44

. I'm offering $30 off for

3:46

the Bitfie hardware wallet . Take

3:48

storage into your own hands your keys

3:50

, your Bitcoin , not your keys , not

3:53

your Bitcoin . Did you want to know , like , maybe , like what

3:55

kind of assets it holds or something , anything

3:57

? Is there anything else ? Where it ships from , where

3:59

it manufactures from Florida ? Oh

4:02

, that's a great question . Do you know the answer

4:04

to this question ? Are you just ? Okay ? You do know

4:06

, but I'll tell you anyway . I heard about it through

4:08

John McAfee . John McAfee was

4:11

an avid user and promoter of the Bitfie

4:13

. He had a bunch of them and he this

4:15

device is built around freedom from

4:18

the ground up , and that's why I think John

4:20

McAfee chose the Bitfie to handle

4:23

his cryptocurrencies and very much for

4:25

that reason . I told you about like cross-border

4:27

implications with other types of wallets

4:29

. So I think that's virtually the

4:31

main reason , because he could travel with it and

4:33

it's very unlikely to

4:35

be hacked very secure . Really , it's good

4:37

for short-term and long-term storage . I

4:40

have had the Bitfie device since

4:42

well , I had the first version probably

4:44

since , like I want to say , 2018

4:46

. I had crypto for a bit and then I'm

4:48

learning . You know more about it . Obviously

4:51

, a huge ethos in Bitcoin

4:53

is not your keys , not your coins , and

4:55

it is a huge attribute of

4:57

Bitcoin and kind of the whole reason that

4:59

it was existed , so we can kind of take custody of

5:01

our own keys and money . Humans will flourish

5:04

once they have control of their own money and access

5:06

to a savings technology that was not traditionally

5:08

had by previous generations , unless

5:11

you're wealthy . Sorry , it was a question . Yeah , I think it was like 2018

5:15

, I want to say Like , I've been in for a while

5:17

and then got it . I had to go back and then they came

5:19

with the second version after they did

5:22

that big bounty hunt , so

5:24

they could make all these improvements based on

5:27

what they found out from the bounty hunt . So

5:29

I have version two now and I've had it for

5:31

that one ever since I don't came out , so it's

5:33

the only hardware wallet I've actually had . I

5:35

have friends that use the cold card

5:37

obviously Trezor and ledger , and

5:39

it's just not as convenient as Biffi

5:42

, I don't know . Try it out . I remember my keys , unless

5:45

unless the government comes knocking , then I

5:47

then I lost them and I forget them . Hey

5:51

you , thanks for listening to the having report podcast

5:54

. If you want to support , follow us on your favorite podcast

5:56

platform and leave us a five star rating . Follow

5:58

us on our socials at having report . If

6:00

you're Canadian and you want to buy Bitcoin or cryptocurrency

6:03

for the first time , go to bit by dot CA

6:05

forward slash having for a $20

6:07

bonus . If you want to bring it to the next level

6:10

and take self custody of your cryptocurrencies

6:12

. If you want $30 off the ultimate digital

6:14

asset security device , bit by go

6:16

to having reportcom forward slash

6:18

bit five for more information . Until

6:20

next time , I'm Brad Mines .