/biz/ - Business & Finance

I literally just bought one so I hope not.

>>24411959
Nope, its the best security measure available

They are a meme unless you make a lot of transactions.

>>24411959
Nah, they're pretty good. However, it matters more that you take steps to ensure your crypto security.

>>24411959
>Are these a meme
No

>>24411959

>meme - an element of a culture or system of behavior that may be considered to be passed from one individual to another by nongenetic means, especially imitation.

no

hardware wallets are super cool man. you can use them with their native wallets or metamask, mycrypto, exodus. pair it with a cryptotag and you'll be set. you can restore your wallet on any ledger/trezor without ever touching a computer and exposing your seedphrase to malicious programs or the internet.

id stick to the default version
introducing bluetooth just increases the surface area for attack

>>24411959
no
get one ledger and one trezor to split your funds, remember never put your eggs in the same basket

>>24412004
Is there any possibility I will receive one that has been tampered with if I order directly from them?

I bought the RBC tokens and I was excited by the first rewards! Do you ask why?...

> monthly growth rate over 400%
> Multichain: Ethereum, Binance Smart Chain, Matic
> ROI has reached 200%

> https://rubic.finance/
> @cryptorubic_chat

Hurry and take profit into your hands!

>>24411959
A strange thing that a lot of people dont seem to understand the importance of is diversifying your wallets. Yes, putting 100% of your shit in a hardware wallet is honestly just as retarded as 100% in a browser wallet. Someone could steal it, it could get damaged, you could lose it, etc, and its exposed to risks that browser wallets are not.

Imo you should put 50% of your crypto, especially long term hodls in a hardware wallet(preferably two), and have the rest distributed across browser and desktop wallets. It reduces your risk on all fronts.

>>24412004
not necessarily, still vunerable to 2-3 issues:
>physical wrench attack
>leak of your backup seed (where you store it)

a smart contract wallet like squirrel.finance when used correctly can be way more secure
>delayed whitelisting
>daily withdrawal limits
on enforced onchain by an open source smart contract you deploy

>>24411959
>>24411991
Same

>>24412126
Buy it from ledger directly its like 40% off rn i just scooped the new one

dont waste your money

>>24412390
Ok literally every wallet has those issues. Most people are worried about remote hack.

There is no security if someones holding a gun to your head with anything? Also dont lose your seed phrase, its called putting it in a bank vault. Congrats on being a contrary fuck.

>>24412497
link for the lazy:
https://signata.net

They are insecure and useless. Load ubuntu onto a usb and disconnect from the internet and create a veracrypt file container.

No. Making a physical hardware key that needs to be connected is actually quiet genius. Google use a similar system for their cyber security with special made encryption keys. Google have never had a problem using this system.

>>24411959
Why nigger?
Fuck off with your low effort thread.

>>24412707
shouldn't have shilled trump so hard niggerfaggotlover.

For me it's offline generated paper wallets

>>24412535
i literally just told you a solution without those issues.

but sure trust the (((banks))) with your seed phrase lmao

>>24411959
Of course
>muh bluetooth on nano x
>muh nano s closed source and leaked client info
Even the model T is a meme.
All you need is a Trezor one for 48 euros, open source, passphrase to counter non existing enclave, generates 12 words through command line, stores link.
Anything else is a scam.
>MUH AIRGAPPED COMPOOTER SECURE MORE
kys
how will you transfer the tx if it's airgapped? through a usb stick? What if it has a virus?
An airgapped computer would work if you can convert a signed tx into a qr or something to scan with a phone, but if you do it with the screen shown on screen then just kys.
An airgapped old mobile phone would work with parity signer, but only if you can remove the gsm and 4g and wifi and bluetooth chips physically and still turn on the phone.
Else just spend 48 euros

>>24411959
No, that's the best thing you could buy to secure your crypto.

>>24412889
>>24412973
>>24412971
>>24412846
>>24412653
or just use a yubikey with signata

use common encryption standards, not some single-purpose proprietary devices

>>24413054
>just use the random tool I found on google to store your life savings bro
yubikey is not a standard, WebAuthn is, and using a non specialized niche tool to store money is retarded

>>24412889
So i should trust squirrel finance instead lol.

>>24412971
This cunt knows whats up

>>24411959
Get a ColdCard you mouthbreather

someone redpill me on MEW

>>24413317
The yubikey isn't the standard, the PIV smartcards is.

RSA and AES encryption are the algorithms used. There's a reason the us military and government use the same devices and algorithms. It's chink-resistant.

>>24411959
https://en.bitcoin.it/wiki/Hardware_wallet

>>24411959
I had one for three years but if you’re an americuck like me I’d be worried. They want to pass regulations to ban these so that only kikes can hold your crypto for you.

>>24413349
no i just said, its an open source smart contract that you deploy yourself (you dont even have to use squirrel.finance UI if you dont want) all onchain

>>24412971
What about Trezor T?

>>24411959
No if you are a normie, yes if you know what you are doing.

WHY THE FUCK DOES NO ONE EVER MENTION THE COBO WALLET IN THESE THREADS

>>24413872
because they cost a fuckton and you can get cheaper devices like ledgers or yubikeys with signata for a 3rd of the price

>>24413605
I should hurry getting one then

>>24412118
>get one ledger and one trezor to split your funds, remember never put your eggs in the same basket

Do they do anything besides store your private key? I really don't get it.

>>24412026
/Thread

ledger is a meme starting at least from yesterday
https://www.youtube.com/watch?v=wnNyJesy6zw

>>24414429
They have a separate air-gapped bit of hardware that actually stores your keys.
When making a transaction, nobody gets a look at your keys.
It's basically an air-gapped laptop and a connected laptop in one.
No safer than a truly air-gapped system, but a lot handier.

>>24414378
>paper wallet
>linux
>I know what I'm doing

>>24411959
Just use Trustwalllet or Coinbase wallet, boomer

>>24412118
But my balls are in the same basket

>>24411959
yes, just use first paperwalllet generator thats shows up. They 100% dont log public keys. 100% safe, 100%

only STAG wallets are legit anon

>>24411991
>>24412438
Ive had one for awhile and they are pretty cool imo

I have one I haven't really started using yet, when I was playing around it didn't disconnect from Metamask even after disconnecting the device.
Is it supposed to do that shit? Forgot wtf I had to do, I think more than just disconnect metamask from the site, had to tell it to forget the hardware wallet but I forgot what steps exactly

>>24414534
>No safer than a truly air-gapped system, but a lot handier.

This is 100% wrong. There are no truly air gapped systems. A computer can get hacked without being connected to the internet. Connecting to an outlet is enough (https://rabble.ca/babble/humanities-science/hackers-can-now-steal-data-electrical-outlet).). A hardware wallet is the most secure choice possible. You can use it on an infected computer with nothing to worry about.

>>24415554
>balls are eggs
ok, anon

>>24412126
it's "possible", but you'll be fine. when you start up the app it tests the ledger.

>>24412126
All ledger devices are tampered by ledger themselves. Do you want to trust a company that leaks the data of their customers with all your crypto?

Do you see any serious and safe hardware wallets getting 40% discounts and/or being shilled non-stop on /biz/?

Their database has already been hacked, why would you trust them

>>24418176
Why do niggers do this shit? What the fuck is the point and what the fuck is the endgame

>>24415554
ngmi

>>24419275
This. All of the their "private" keys can be bought on the dark web for a few Sats. Your money is going to end up in a Khazaki village if you trust this French hardware to secure your funds.

>>24419304
>what the fuck is the endgame
38 likes on instagram

>>24419374
I don't even consider myself racist but whenever I see shit like this all that comes to mind is "ape" so yeah I guess I'm racist now.
Thanks, guys.

>>24419352
what's even the point of this FUD?
you would have to have literally no idea how hardware wallets works to believe this

>>24419352
>All of the their "private" keys can be bought on the dark web for a few Sats.

if that was even remotely true *ALL* ledgers would have been wiped for everything by now, and bitcoin would be at 2000 USD.

>>24411959
no
mine have been safe for 4 years now
just dont forget how to access the funds

I just encrypt my keys with 3 different encryptions and store it on my facebook wall, with the secret key to the encryptions posted on my instagram.
AIGMI?

>>24413872
pricy, less adoption than trezor and ledger, less wallets available
the lack of XMR was the main deal breaker for me
although I do have one of their metal seed phrase storage things

>Crypto Hardware Wallet Firm Ledger Hacked, One Million Customer Emails Exposed
>Ledger added that, for a subset of 9,500 customers, details such as first and last name, postal address, and phone number were leaked.

>>24412889
So instead of having the choice of maybe surviving the wrench attack or deciding to take the PIN to your grave, you take it out of your hands and just fucking die during the wrench attack or endure a much longer torture. Are you one of those Libertarians who thinks everyone just behaves and jacks off to the invisible walls of the free market?

You don't need hardware wallet if you're not a millionaire. Just leaving your coins on coinbase will have them insured for up to 250k per account. Do this on multiple large exchanges and you can insure anything under a million without risking shit

>>24412390
>physical wrench attack
have a passphrase account with 10% of your stack to give them
>leak of backup seed (where you store it)
use shamir secret sharing to mitigate this

>>24412004
Even though their entire customer address database is now on the black market?

>>24420590
so, what hackers still cant extrack funds from ur ledger...

>>24421526
Wake up retard. If a gang of niggers grab you in bed at night or one of your family then you will unlock it fairly quickly I’d say. Ledger lied about home addresses being leaked. They told people if part of the 9500 you’d get an email. A lot didn’t get any email but have been bombarded with messages from hackers. Safe to say a million home addresses and phone numbers were taken by hackers.

>Ordered on Black Friday because of sale
>Get an email that it has been shipped
>Click on tracking link
>It's coming from France
Meme indeed it is.

>>24420813
>have a passphrase account with 10% of your stack to give them
however unlikely a wrench attack is, the reality is they will be targetted -they know you have more crypto.. otherwise how why on earth did they wrench a random normie?

once you have over x crypto you need to account for this (e.g. timelocking it)

>>24421875
Exactly. Most won’t expect it, they could force you to unlock your internet bank, look at deposits to coinbase. Look at where wallet is sending funds etc. The worst thing is that Ledger aren’t even acknowledging the leak is far far worse than just a few email addresses. Disgrace of a company.

>>24411959
>be me
>hire cleaning service to clean up around house
>hw wallet gets tossed
>kept seed phrase in safe
>order new wallet
>restore with seed phrase
>funds are safu
it's only a meme if you don't secure your seed phrase.

>>24421875
>they know you have more crypto
you're arguing against hardware wallets on the extremely unlikely scenario that someone wrench attacks you and on the even more extremely unlikely scenario they know exactly how much crypto you have.

you sound like the braindead people who buy gold in anticipation for a civilizational collapse. What does timelocking achieve other than spread this incredibly unlikely torture session out over a longer period of time

>>24422169
You think it’s unlikely a gang of armed robbers get hold of a list of peoples home addresses that could hold thousands of dollars of hard to trace funds and start working their way through the list rather than robbing banks or jewellery shops?

>>24411959
Yes. Paper wallet is superior in every way

>>24411959
Trezor > Ledger

>you think its unlikely
yes, it objectively is.

buy a property under a business entity with undisclosed owners if you're that paranoid. or you could buy a gun, a home defense system, and a guard dog and live life like a fucking man instead of a paranoid schizo.

>>24420754
That’s only for us costumers, it doesn’t apply in europe

>>24422579
>>24422339
forgot to (you)

>>24422579
Home address already leaked. Gun does shit if you’re not home and they get a family member hostage.

>>24423038
>Home address already leaked
then move, if you're wealthy enough to be a target you're wealthy enough to move.
>hostage
Okay we can continually move the goalposts with whatever fantasy you cook up in your head. Funnily enough you purposely never answered my question as to what timelocking your crypto does other than spread this out over a longer period of time.

How about you just accept that life has risks or are you type of person i see driving around a car by themselves with mask on? While i believe you should do everything in your power to mitigate the risk, find an acceptable level of risk and live your life. maybe you shouldnt be in crypto if you cant accept this.

>>24411959
Their lack of care for the safety of their customers make all their products similarly hard to trust.
The weakest point in a security system defines its security level.
If they can get all their data stolen for months without finding out and then decide to wait weeks before telling their customers then we can assume the same can happen to the ledger.
Someone can compromise the Ledger's security and we will only find out after they exit scam and have no way of hiding it...

I am also concerned about the link marine on twitter who lost his funds on binance despite using 2FA.
If that can't be trusted we are completely fucked.
Did someone find out how the hackers got his money?

>>24422634
What's the insurance level for customers in europe? 100k?

Did you know about DuckDAO (duckdao.io)?
Not long ago I read their announcement about the first hunters season, and it seems like it is profitable to hold and trade DDIM. What do you think

Bros, I found a post about duckdao.io, the first crypto incubator. Does anyone take part in this platform?
Seems like their DDIM tokenomic shows amazing results

>>24423469
Not sure. I don’t think we have insurance, when i looked for it on the coinbase page they only mention the us, didn’t say anything about insurance for europe

>>24423693
It may be a good idea to keep the money in USDC in that case instead of fiat.
But there is not eur-USDC trading pair which would force us to buy BTC first before buying USDC with it.

>>24412004
Your own paper generated wallet on an air gapped computer is best

>>24419251
the profit margin on them is huge, they're pretty expensive at their full price, you're mostly paying for the software as the hardware itself costs maximum a couple of dollars but more like 1-2.
>Do you see any serious and safe hardware wallets getting 40% discounts and/or being shilled non-stop on /biz/?
yes.
although it's rarely mentioned here, not really being shilled

>.99 C glorified USB
>Made in china
kek

is there anything wrong with storing my wallet file on USB?

>>24424425
yeah, its not safer than storing on your pc if you ever use it
>plug into infected pc
>???
>malicious actor has wallet file

>>24423038
if i'm wealthy enough for such a scenario that they're taking family members hostage i will have my private security force / paramilitary army take out their entire extended families seeing as they violated the NAP

>>24422066
what kind of cleaning service throws out something which is clearly an electronic device

>>24420754
believe me, if they ever get hacked, they WILL pull some bullshit clause out of their 10000 page TOS to wriggle out of paying up. even if they don't, you will have to wait 1-2 years and even then probably only get the VALUE of your crypto back, probably the VALUE WHEN IT WAS STOLEN. imagine btc does a 10x and you miss it because you kept everything on an exchange and got hacked. literally noclipped through the bull run

>>24421847
Fuckin same. Was supposed to arrive Friday so I assumed it's be US shipping but shit comes from France. What the fuck?

>>24421747
Every crypto nerd should own a gun for this specific reason. I ain't unlocking shit except a new skin for my AR.

>having a usb stick that screams "I OWN CRYPTO ROB ME"

this is the most marketing-to-autists that worked but is a scam i've ever seen

>>24425528
>install a backdoor and when it pumps, rug him

>>24424783
Rofl

>>24425626
the only people who know what it is are other nerds most of whom don't lift weights so nah

>>24425749
>the only people who know what it is are other nerds
This isn't 2010, lol

>>24425822
well i keep it right next to my stack of 3d printed ghost guns so molon labe i guess

(this post is referring to a minecraft custom server)

>>24411959
yes
i bought one, now i get sms/emails on a weekly basis from pajeets trying to phish me due to ledger's consumer database leak

really glad that a pajeet has all my information, including my address, full name, emails and phone number
also had to remove phone-based 2fa authentication from all sites

>>24425875
I don't get this "in minecraft" meme. You basically say everything with no attempt at hiding.

Just pasting in "in minecraft" as an afterthought isn't going to change anything. If you're even more paranoid, it's probably a thing that any posts with reference to Minecraft are now specifically flagged for manual review.

>>24425982
it's a joke dude

>>24425875
you realize this image forum is a honeypot right?

>>24426017
But many people unironically believe that posting "in minecraft" actually throws off Illuminati spying algorithms or some shit like that.

If that exists- no, it does not.

>>24426035
>image forum
this is a bhutanese basket weaving discussion website

https://youtu.be/Z842HjdVj9k

OH NO NO NO

>>24426114
ok

>>24426141
idk why people keep mentioning this in the context of hardware wallets, it clearly bans ALL self-hosted wallets, i.e. you wouldn't be allowed to keep a wallet.dat file on your computer. clear violation of the 1st amendment and will never pass

>>24426151
k

>>24426273
sry b idk hw 2 respnd jst b/c nvr seen tht b4 desu.
(this is a transcript of a message sent in minecraft and does not violate any global rule)

>>24426383
ok I'm calling the police

>>24412026
This. There's not really a reason to have one if you just have a few stacks sitting around in a wallet. Youtubers promote it as if there are no such things as private wallets and the only options are buy a ledger with their affiliate link or have your stack on an exchange.

>>24411959
Yes. Their wallet software bugged out so bad on PC that I couldn't access my funds. Their helpdesk is only accessible by email, only respond every week or so, and are completely fucking useless. I literally feel safer with my coins on exchange than i do on this worthless shitstick.

0/10 do not buy

>>24426656
Just use those sticks as online login authenticatiors. Much more useful than using as wallets.

>>24426656
You know you can connect your wallet to a website like MEW to do what their shitty software can't?
The main issue may be that you should use a VPN when using your wallet to not give out your location.

is TRUST any good? its recommended by binance

>>24419407
Differences between niggers and blacks