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0 sats \ 10 replies \ @BlokchainB 23 Oct 2022 \ parent \ on: Don’t bother with hardware wallets in card format bitcoin
Downloading the wrong app is a security hole for anything related to bitcoin.
So many users been rug pulled already with bogus software wallet apps.
I see the problem card wallets are trying to solve. The idea here is to isolate seed from phone. In a cheap and almost dumb way so users don’t overthink it or become overwhelmed.
No, you don't have that issue with a good hardware wallet. If one device (host device or hww) is not malicious, you will know. With a card wallet, it's enough if one device of the two is malicious. This is effectively doubling your attack surface.
If all you want is to isolate seed from your phone, use an encrypted software wallet.
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But what is the cost of a good hardware wallet? Would an unbanked person even understand or care? Attack from who? Their government? Random hacker on the web? If one of the goals of bitcoin is to bank the unbanked then you need to try all types of products that lower the cost and can give reasonable security.
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Exactly! That's why I'm saying just use a FREE software wallet.
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FREE software wallet NEED hardware to run it. So it’s not technically free!
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Yes.. yes it is.
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False! Name some hardware this free software will be running on? And the corresponding cost of hardware
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My brother in christ downloading an app on your phone is free because you already own your fucking phone. My point is that you don't need ADDITIONAL hardware in shape of credit cards for $100 to store your bitcoin.
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Simmer down buddy just having friendly discussion. I’m challenging you on this idea because the unbanked and poor don’t have smart phones. You completely dodged the question and got all into your feels. I didn’t ask what your brother has I asked how much does the hardware cost that will use this free software. Old new or whatever phones cost money unfortunately.