The demand for Bitcoin consultancy services is on the rise as people and businesses recognize the need for a professional, well-informed approach to Bitcoin.
The Bitcoin Way is one of the most prominent players in the space, offering specialized services covering self-custody, personal cybersecurity, and more.
This guide offers an in-depth review of The Bitcoin Way. Here, you’ll learn more about their services, who their services are best suited for, and what sets them apart from other Bitcoin consultancies.
What is The Bitcoin Way?
The Bitcoin Way is a Bitcoin-only consultancy that offers tailored services to Bitcoin holders.
From learning the ins and outs of self-custody, security, and privacy–all of which are the focus of the consultancy–to how to run your own node, and even on-demand support, The Bitcoin Way is there to empower its customers.
The team states that their mission is “the pursuit of freedom.”
Since its inception, Bitcoin has been considered the money that will free its users from the need to place their trust in centralized authorities. However, this comes with its own set of challenges and responsibilities that may seem intimidating to new users.
The purpose of The Bitcoin Way is to bridge this gap.
The Bitcoin Way wants Bitcoin holders to securely and efficiently use bitcoin to enhance their financial sovereignty, privacy, and freedom.
What The Bitcoin Way doesn’t offer is altcoin consulting, trading, or financial advisory. If you need help with crypto trading strategies, The Bitcoin Way isn’t for you.
Core Services
The Bitcoin Way aims to encompass Bitcoin’s most important tenets through three basic categories of services offered.
Bitcoin Security & Self-Custody
The Bitcoin Way helps with all things security when it comes to Bitcoin, where self-custody is one of the key tenets. This means guiding you through the process of setting up more complex features, like cold storage, multisig, and inheritance planning to cover all your bases.
Aside from practical guidance, The Bitcoin Way also offers education on private key management and avoiding custodial risks. This means helping you actually realize and take advantage of the autonomy offered by Bitcoin.
Privacy Guidance
Bitcoin offers a degree of privacy, as users don’t need to provide any of their own data when starting to use it. However, it’s not anonymous but rather pseudonymous, which means that transactions can be traced back to specific users, and specific behavioral patterns can help identify them.
The Bitcoin Way teaches its clients how to use privacy-enhancing techniques to ensure its customers can have a high degree of financial privacy when dealing with bitcoin.
Additionally, it teaches UTXO (unspent transaction output) management strategies and techniques to minimize on-chain exposure, enhancing financial privacy. With this, clients are empowered to choose the level of privacy they require.
Ongoing Support & Education
In addition to the services above, users can also take advantage of hands-on support offered by the consultancy. This is especially useful for non-technical users.
Reviews of the consultancy state that it’s very helpful when it comes to setting up your own Bitcoin node, for example.
Finally, users can also receive personalized Bitcoin strategies in close cooperation with The Bitcoin Way. This covers security and self-custody, plus other safety concerns specific to Bitcoin; however, you won’t receive any trading or investment advice here.
Pros & Cons of The Bitcoin Way
The Bitcoin Way comes with its own share of advantages and disadvantages.
Pros
- Bitcoin-only focus: The Bitcoin Way focuses on Bitcoin and Bitcoin only.
- Expert security guidance: The Bitcoin Way places emphasis on making you self-reliant and empowered to make the best security decisions.
- Tailored consulting: Every client is approached separately, depending on their specific needs and circumstances.
- Strong reputation: The Bitcoin Way has gained the trust of several high-profile Bitcoiners who recommend its services.
Cons
- No investment advice: The Bitcoin Way focuses on security and self-custody only; portfolio management is not part of its offering.
- Limited public resources: Although The Bitcoin Way offers a selection of downloadable guides on its website, it doesn’t offer online courses that teach what they advise its customers on.
Who Are The Bitcoin Way’s Consulting Services For?
The Bitcoin Way is not suited for every Bitcoin user. Its main target audience is Bitcoin holders looking to improve their security and privacy, as well as individuals who can use their guidance with inheritance planning, setting up multisig wallets, and other safety concerns.
In short, if you’re looking for more self-sovereignty and freedom as a Bitcoiner, and you’re willing to pay a consulting company for it, The Bitcoin Way is probably right for you.
Final Verdict: Is The Bitcoin Way the Best Bitcoin Consultancy?
The Bitcoin Way is one of the most prominent players in the Bitcoin consultancy field. Its Bitcoin-only approach, deep expertise in security and self-custody, and hands-on support make it a strong choice for Bitcoin holders serious about privacy and financial sovereignty.
While it’s not for those seeking investment advice or altcoin guidance, The Bitcoin Way stands out as the leading consultancy for individuals who want to take full control of their Bitcoin.
If your goal is to navigate Bitcoin securely and independently, The Bitcoin Way provides services worth considering.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
