/biz/ - Business & Finance

I love how the board is completely dead once the whole crypto shit died out. It was supposed to be about memes and shit but you took yourselves too seriously. I will never stop mocking my retarded friends who tried to sell me this shit as a revolution in currency. It was literally just a decentralized ponzi. It was never going to be a revolution the moment it was seen as an investment tool. I just feel sorry for anyone still trying to buy into it after 2018. It was already dead for me the moment I heard about investing into crypto from my fucking uber driver in 2017. Respect to the millionaires above the pyramid. It’s dead, find your next biz meme.

>>55013420
Sure, if you're going there, then yes, there is always the possibility that the hardware or firmware has backdoors for the feds or whatever.

That also goes for Trezor and every other hardware wallet out there. Does not matter if the firmware code is open-source, because when you receive your device in the mail, you have no way of knowing or proving whether that device follows the same specs. When you go to update firmware, it doesn't matter whether it's open source, because the firmware you download is likely just the SatoshiLabs signed pre-built binary from their website.

With Trezor you CAN build the firmware completely on your own from source, but even then you are still trusting their hardware device to not have backdoors.

If you want fully maxed trustlessness with a hardware wallet, then also build your own hardware device (e.g. raspi), then compile the firmware directly from source and load that. See
>>54993842
>>55005720
>>55009724

If you want to go even further, then don't use a hardware wallet. Use an airgapped computer where you sign transactions on, then securely transfer the signature to your regular computer and broadcast it to the network from there. If you're using a USB stick to make that transfer, then make sure you use a completely fresh USB stick for every single transaction you want to make, and destroy each one afterwards.

https://www.youtube.com/watch?v=qhyMCYVVZoI