bitcoin cold storage tips
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- Опубликовано: 30 сен 2024
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Trusting the closed source CC with your main stash and trashing open source Trezor.
That makes no sense.
Trezor even has a Bitcoin only firmware.
Open Source is way more important than USB.
Channel Bitcoin Universe
Scary situation. Decoy storage is definitely an option. Have like 2 or 3 sold storage hardware wallets hidden around the house with small amounts of Bitcoin in them, so if they ask you "where is the rest of your crypto?" You can fool them with 2 or 3 decoy hardware wallets worth less than $1000. Then your main wallet or wallets will be safe.
@@julianwilton6997 agreed!
I think the main thing is just having a plan and knowing what to do/say if it were to happen.
Preparation is the key
Passport seems to be the new leader I love it
I guess I respectfully disagree with your position on not plugging your hardware wallet into a PC. As long as you have a power only USB cord, it is not possible to steal BTC through a USB port. If someone is really paranoid, the inner 2 pins of the USB plug can be taped to guarantee that no data is transferred leaving the outer 2 pins that only provide power. Such a power only USB cable is perfectly safe.
@@NotMe-wh5vb I never claim to be right on the technical side of things. I do not understand the inner workings of it all well enough to say for sure.
I'm just passing along my own personal decisions and paranoia haha
@@88SATSradio No problem, understand you are being extra cautious. It is also possible to buy a USB "condom" on E-bay for a few bucks. This adapter plugs in between the PC and the USB plug to block the two inner data pins from working.
A safer bet when using a Trezor is using a computer that you do not use for web surfing, email, etc etc. Wipe the computer, clean OS/Hard-drive. Uninstall all default apps and use it primarily to access your Trezor.
@@ithakra agreed.
So bc the Trezor plugs into your laptop, it’s no good?
@@tykelley2773 not official advice. Just my own rules
Makes no sense.
Great info. Thanks! BTW What streaming software do you use to get the comments/questions in on screen like that?
Passport is waaayy better and easier to use for most people than CC. And also, I don’t know about the reason why CC decided not to be FOSS is due to what you just mentioned, there’s a whole discussion about it on Twitter.
How about paper wallet. It’s not connecting to your laptop. You can store all your BTC. Generate it offline.
Andreas made a video on that 6 years ago
air gap better than usb? first time I hear this.. I would prefer a hard pluck and secure element plus open source than having connection module or what is the argument for air gap?
Airgapped and Offline is excellent. Using QR code to read and sign (exporting the signed transaction) is way less risky. Keep in mind that coldcard, keystone and passport have more the one secure element. Coldcard allows you to access via usb-c plugged and microsd card as well.
Didn't know coldcard switched to close source. Now what?
There’s a whole discussion on it on Twitter. I don’t know if Jor is correct about the reason.
Closed source is almost always worse than open source. You just don’t know what is going on.
Get rid of it and get trezor (fully open source) they even have open source hardware.
Or you can just make a “paper wallet”
@anewcreature7 yes I'm definitely not an expert on this subject. This was just something I came across when researching the Passport.
But I do remember hearing that Coldcard moved away from being open source and NVK discussing it. I don't think he gave Passport stealing their code as the reason haha
I don't love that coldcard isn't open source - regardless of the reason.
But I still use CC for the small amount of bitcoin I have left after Arnie ate the seed phrase 😂
Both seem like great options to me.
why not Jade?
When you have tried passport, you’ll know why it’s superior to the others.
I don't think he replies to his own videos.
What about BitBox 2?
I don't think he replies to his own videos.
what about ledger ?
Closed source. Get rid of it asap.
They pledged to leak the keys as soon as some government asked them.
I don't think he replies to his own videos.
2:00 lmfao so true