The financial system is rigged. Money printing and high taxes are forced on us to prevent us from getting rich and our finances are completely tracked and traced. Financial sovereignty is impossible in the banking system.

Banking and investing is the opposite of financial freedom for most people. Our financial life should be private, and our money shouldn’t be printed and controlled by powerful bankers.

Since 2009, when The Bitcoin White Paper was first released, bitcoin has made financial sovereignty possible for everyone on Earth.

If you haven’t yet taken advantage of this innovation, now is the time. In this article, I will explain why bitcoin privacy matters, why full anonymity is impossible, and what you must learn so that you can take full advantage.

Why You Should Use Bitcoin Anonymously

Bitcoin lacks privacy by default. The Bitcoin network records all transactions on a public, transparent blockchain.

Bitcoin is, in fact, pseudonymous. You use a bitcoin address as a sort of identity, and you need to put in some work to avoid linking your address to your real name.

We’ve already discussed that you can buy bitcoin anonymously and hold it in a wallet on your own device. However, sending bitcoin risks exposing your wallet balance and transaction history to recipients, governments and criminals. Here’s the problem with this:

Once you lose your bitcoin anonymity, there is no going back!

Exchanges like Coinbase permanently link your wallet address to your name, and you can only reclaim your privacy by selling your entire stack.

But if you sell all your bitcoin, you could miss out on a once in a lifetime wealth transfer. If bitcoin catches on widely, you’re not going to want to miss out on this explosive growth.

You can also try to break the links to your real identity with a coinjoin. That is a type of bitcoin transaction where multiple people join their chunks of bitcoin together to obscure the links between addresses and identities.

Coinjoin is an option and it’s something you can look into, but it can be quite expensive.

So the best thing to do, is to start buying, selling, saving and sending your bitcoin anonymously from the beginning.

Why Bitcoin Privacy Matters

The entire financial system opposes your privacy and freedom to transact as you choose.

They want to link your financial actions to your identity so that governments can tax you properly. They want to make your bitcoin experiences difficult and invasive so that you give up and stick to their rigged financial system. Using bitcoin anonymously is the last thing they want for you.

Criminals and scammers also don’t want you to be able to buy and sell bitcoin without ID, because they highly value your personal information. Cryptocurrency crime is a multi-billion dollar industry, and they can’t profit from your pain when you use bitcoin anonymously.

Are you with me? You hurt yourself and enrich criminals when you disregard your privacy by using Coinbase to buy and sell bitcoin. Instead, buy bitcoin anonymously to stay untraceable and financially independent.

If you aren’t careful, you’ll actually become less private by using bitcoin than by keeping all your wealth in the bank’s hands.

But if you keep your money in fiat currency, you will certainly lose. You’ll have to do like everyone else and gamble in the stock market so you can keep up with inflation.

That’s the challenge for the sovereign family in the age of digital finance — you must be wealthy and maintain your financial privacy in order to be free.

Let’s see what you need to learn and do so that you and your family can enjoy bitcoin’s full benefit.

Master Bitcoin

Sadly, greed is the main driver of most people who get into bitcoin and cryptocurrency. They aim to buy the “right crypto” — the memecoin that’s expected to 100x in 2025. But memecoins are gambling, and bitcoin isn’t about getting rich. It’s about financial freedom.

Here are the REAL reasons you need to study bitcoin in 2025.

Yes, bitcoin’s price will likely rise, multiplying your wealth. Perhaps you will become rich in the process, but if you let greed guide you, your finances will suffer. You might make mistakes. You might forget passphrases and lose coins permanently. Or maybe you will gamble on a “shitcoin” and lose your shirt. I get it — it can be very tempting to chase the massive gains.

But in the long term, they all trend toward 0 against bitcoin.

Look at this chart, for example. Ripple (XRP) has been hyped up for years, and still it under performs bitcoin by a lot.

There is so much noise in the cryptocurrency space, but as a leader of a sovereign family, it’s your job to sort through the hype to find the signal.

You have to learn how bitcoin works and how experts use it so that you can become a power user.

Let’s look at the top bitcoin topics that you need to study so that you can make the best decisions.

Bitcoin Basics

First, you need to learn the essentials. Download a wallet. Buy some bitcoin, and try sending some transactions. Ask some questions about bitcoin such as what is it and who controls it? What is the blockchain and how does it work? Why should you even bother buying bitcoin? What are the most common mistakes people make?

You need to do your research and invest accordingly. You will have problems if you rush into it without a full understanding.

Look out for my next article on these topics.

Next, master these key principles:

1. Not your keys, not your coins. Avoid storing your bitcoin with third party custodians like Coinbase. Many new bitcoiners trade control and responsibility for convenience. Many people have lost bitcoin when exchanges fail or go bankrupt.
2. Always use fresh addresses for advanced Bitcoin privacy. Bitcoin’s blockchain is public, and every transaction is recorded forever. Reusing addresses links all transactions to it, revealing your balance and transaction history to anyone who analyzes the blockchain.
3. Bitcoin only. Bitcoin’s the standard. In the long-run all cryptocurrencies trend toward 0 against BTC. Many of them are also pump-and-dumps that take advantage of peoples’ ignorance and greed. Ignore the hype.
4. HODL for the long-term. Bitcoin is an highly volatile asset. Navigate its price discovery phase by thinking long-term. When in doubt, zoom out.
5. Practice Bitcoin. Receive transactions. Send transactions. Test your backups. You’re way more likely to make a catastrophic mistake if you over-invest in bitcoin and never practice using it.
6. Back up your recovery seed carefully. Your list of 12 or 24 words are the keys to your bitcoin. The #1 way people lose their bitcoin is by failing to properly write down or store their seed. Also, NEVER enter your recovery seed anywhere online.

Whatever you do, make sure you can sleep well at night. Your bitcoin and recovery seed backup shouldn’t stress you out.

Advanced Bitcoin Concepts for Power Users

You can learn advanced bitcoin concepts as you go. These are tools and ideas that are essential for you to optimize your bitcoin experience.

You need to become a power user in order to use bitcoin anonymously, avoid scams, and future proof your stack.

The first concept we will explore is coin control.

Coin Control

Also known as “UTXO Management”, coin control is essential for privacy, transaction fee management and organization.

A UTXO (unspent transaction output) is a chunk of bitcoin in your wallet that hasn’t been spent yet.

Think of it like cash in your wallet — say, $20 from a friend, and $50 from a job. Each amount is a separate UTXO, recorded on Bitcoin’s blockchain and tied to a different public address.

When you spend bitcoin, your wallet selects one or more UTXOs to cover the cost. So if you pay $30 for dinner, your wallet would select the $50 UTXO. It would send $30 to the restaurant and $20 would go back to you as a new UTXO (like change).

If dinner costs $60 instead, your wallet uses both UTXOs. The restaurant gets a UTXO worth $60, and $10 returns to you as a new UTXO.

What if you don’t want those UTXOs to be mixed together because one of them came from a KYC exchange and the other was from an ATM?

That’s where coin control comes in.

You can use coin control to improve your privacy by keeping chunks of bitcoin separate in your wallet.

Bitcoin wallets like Sparrow and Nunchuk allow you to manually select which UTXOs to send in a bitcoin transaction. That’s how you can segregate your KYC and non-KYC coins.

This image shows the coin control feature on Sparrow wallet. You can choose which UTXO(s) to spend when you send bitcoin.

Coin control is also necessary for managing transaction fees. A transaction fee is required to send bitcoin, and the fee depends on how many UTXOs you are sending.

The rule of thumb is that you should keep your long term bitcoin holdings organized into UTXOs of 0.01 bitcoin or higher. That way, when transaction fees are high, you won’t be priced out of sending your bitcoin.

You can’t reasonably spend a $100 UTXO when transaction fees are $50. But the calculation is different if your UTXO is worth $1000 or $10,000 instead.

Coin control and UTXO management are absolutely necessary for future proofing your stack. It’s also a requirement if you are trying to use bitcoin anonymously.

Using Lightning For Anonymous Transactions

Bitcoin lightning is another way to transact in bitcoin that’s cheaper and more private by default.

You can send and receive lightning without having to think about coin control.

A good lightning wallet is another tool of the bitcoin power user, and definitely one to familiarize yourself with.

Running a Bitcoin Node

Node running is the ultimate sign of the bitcoin power user. A bitcoin node is a computer that’s used to verify the blockchain and broadcast transactions to the bitcoin network.

They allow you to trust the bitcoin blockchain directly without relying on third parties.

To run a node, you have to download the bitcoin software and download the blockchain (~670 GB right now). Then, you connect your wallet to your own node.

There are some excellent plug-and-play bitcoin nodes on the market such as Start9’s Server One. I will explain this further in a future article.

Coin control, lightning and nodes. The bitcoin rabbit hole runs deep, and you have to jump in if you want to be a sovereign individual.

Summary

Are you satisfied with the modern system, or would you prefer to experience more financial sovereignty?

How do you feel about withdrawal limits or having to tell bank tellers what you plan to do with your money?

Today, there is a new, better way to save and grow your wealth. Bitcoin is a powerful tool to help you achieve financial sovereignty for your family.

Next, why should anyone care to use bitcoin anonymously?

It’s a question you must ask before you dive in, because you have to practice privacy from the beginning if you want to be anonymous.

Well, are you okay with putting yourself at risk and enriching bureaucrats and criminals? With that in mind, the ONLY reasons for giving up your bitcoin anonymity are convenience and ease of use.

Privacy or convenience… What’s the better choice for your sovereign family?

Research bitcoin deeply and invest accordingly.

The Best Bitcoin Exchange in Canada and Europe

If you’re ready to buy Bitcoin, check out your nearest ATM or sign up for Bull Bitcoin (Canada, Europe and Mexico only).

Bull Bitcoin requires KYC, but they respect their customers’ privacy and they only hold customer data as required by law (unlike some exchanges that over-regulate so that the government gives them a pat on the head or something).

Use my referral link to Bull Bitcoin for a 0.25% discount on all Bitcoin purchases (I will receive a small commission).