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12845230 No.12845230 [Reply] [Original]

The galaxy s10 is basically the default npc phone, and is coming out with a built-in bitcoin wallet that added to the jp morgan launching their own crypto is probably what's fuelling this little pump

So when are we x100 leverage selling the news?
The galaxy is coming out in the first weeks of march but what about the jp morgan larpers?

>> No.12845244
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12845244

>>12845230

>storing your private key on a device that you use all the time, and can be lost or stolen easily

the absolute state

>> No.12845252

>>12845244
Yep how is this supposed to work if you leave your phone in an Uber or someone steals it? Best case is you have a fingerprint ID or something so they can't transfer your coins, but how are you gonna regain access if your phone is gone?

>> No.12845262

>>12845244
Npc's will use it dont doubt it

>> No.12845276

>>12845252
>>12845244
theyre stored on an encrypted secure chip with password protection, and you can use your 12-24 word seed and regenerate all your private keys if you lose the device

??
are you new?

>> No.12845281

you'd have to be retarded to store any crypto on an android device

>> No.12845994

>>12845276
Anon you have to understand we have 10 year olds coming to this board, have patience with them

>> No.12846049

>>12845244
it's still 99% secure. App wallet hacks are extremely rare. It's possible it even never happened yet

>> No.12846074

>>12845252
>>12845276
You restore it with the seed same as with a ledger or any hardware wallet.

>> No.12846087

>>12845230
eth $500 eoy

>> No.12846091

>>12845230
yeah im not typing my private keys into a device that records my conversations for more selective advertisements without my consent

>> No.12846115

>>12845276
Recovery sounds plain to us with the keys, but it's pretty complicated for NPCs. I honestly hope Samsung throws some ideas/development resources at making the recovery and backup process a bit more fool-proof. Bitcoin core lets them hack away at solutions like their heart desires. It's similar to Android os in that the open source license lets them skin their own version