139 sats \ 6 replies \ @nullcount 30 Mar \ on: I need to stop buying wallets bitcoin
The only people who need hardware wallets are the influencers that get paid to shill them.
Literally cost less than $5/ea to manufacture. Very high Idiot Index.
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Your time is worth less...
is equivalent to
You have low time-preference
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Same question as for Darth:
What do you propose for people securing considerable sums of bitcoin? For instance, wealthy people wanting to put some of their money in bitcoin and take self custody of it without too much compromises in terms of security. Do you think self/collab custody with hw wallets makes sense for them?
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The amount of wealth is irrelevant. You do not need a fancy calculator to keep a secret, or create a digital signature.
Just because a wealthy person can afford to buy expensive e-waste, doesn't mean they need it.
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Phones are pretty secure these days. Apps are sandboxed. You can flash them with hardened firmware like GrapheneOS. You can use a dedicated phone as a wallet and never connect it to internet.