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0 sats \ 3 replies \ @Solomonsatoshi 9 Oct \ parent \ on: I couldn’t buy it, so I just made it bitcoin
Yes I saw that after following the link.
Would have preferred it being included in the post, but all good.
Would be surprised if cost of production is more than $5 but if shipping is included maybe its ok.
However could just stamp seed phrase on a plate of s/s and put it in an envelope or rivet two sheets together if you wanted to use this method.
The cable tie is hardly secure if the item falls into the wrong hands.
Thanks for all the feedback.
I wish it was $5 too. Someday, maybe, if scale brings costs down. For now, it’s small batches. So the price is still a work in progress.
And yes, you can DIY it. I even wrote a guide: https://seedkeys.xyz/diy-seed-phrase-storage/
Seed Keys is just one option for those who want everything out of the box.
The cable ties aren’t to make the set tamper-proof, They're seals to make it tamper-evident. If they're broken, you know someone got in.
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Fair enough- its a question of scale for sure - if you can get the retail price down scale might increase but its got to be getting a return for your time and investment.
$55 is not too bad but $21 (+P&P) would be a nice symbolic figure to try for and would provide strong resistance against copycat vendors.
Beware of Chinese suppliers who will watch what you are doing and then under cut you with knock offs if they see any opportunity...this is a large part of the strategy by which they have come to dominate global supply chains...
'Country Driving' written by Peter Hessler is a book I strongly recommend for anyone interested in or involved in the Chinese economy especially if actively trading.