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181 sats \ 1 reply \ @freetx 7h \ on: Hardware wallets - are they really necessary? bitcoin
Some things to consider:
- Buying a hardware wallet will put your name on list somewhere (ask Ledger buyers)
- Anyone seeing your hardware wallet could out you
- Hardware wallets are easier than home grown to use
- Hardware wallets may be easier for heirs to navigate
- Air-gapped computer / tails probably has the best longevity for multi-decade storage
I know thats a jumbled list of contradictory items, but thats because it is. The issue is fraught with different uncertainties.
The number 1 problem with all of this is inheritance planning. Whether its a hardware wallet or simple air-gapped computer, the problem remains: Will your heirs be able to manage it?
'Hardware wallets may be easier for heirs to navigate'
Disagree ~ All they need is the seed phrase of your cold wallet.
Anyone handling the estate should be skilled enough to access via seed phrase otherwise they should not be doing it.
Appoint someone with such skill to that role via your will.
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