imagine buying a wallet

[Anonymous No.23847729]

who in their right mind would buy a hardware wallet? ITT: Make fun of tech illiterate boomers and tell us what software you are using

[Anonymous No.23847775]

I keep 100k in a browser extension

[Anonymous No.23847784]

>>23847775
no u dont stop lying

[Anonymous No.23847791]

i keep 278k with my private keys in a zip file on google drive

[Anonymous No.23847806]

>>23847729

Using anything other than a mind wallet encrypted into a memory palace is comedy gold

[Anonymous No.23847809]

>>23847791
that's a shitty idea
why not just use bip38 paper wallets or a password safe with proper key derivation algo like scrypt or argon2

[Anonymous No.23847845]

>>23847784
i do to

[Anonymous No.23847869]

>>23847729
I am not smart. Why is this a bad idea? Is it because they are overpriced, or is it something else?

[Anonymous No.23847896]

>>23847869
because OP is a faggot that shoves his hardware wallet up his asshole so he's worried it'll fall in the toilet

[Anonymous No.23847900]

>>23847729
i own 4 Ledgers for each one of my BTC stacks from around 2015

[Anonymous No.23848256]

>>23847869
yes, hardware is expensive. Software can do the job for free. (yes, I know everyone here is rich, so that argument doesn't count)
If you really want a hardware backup, put your keys on a USB stick and store that in a secure place.
And what about security updates? Let's say someone discovers a security risk in the app you are using. Well, you can download an update or find another software solution. If that happens with a hardware wallet however, it's probably useless now.

>>23847806
if you are a bigbrain, this would unironically be the best solution. Unless you become insane or die ofc, but then it's not your problem anymore

[Anonymous No.23848311]

>>23848256

It's really not that hard. When I was a teenager I memorized a couple of hundred digits of pi just so I could rattle them off.

Everyone should have at least one mind wallet.

[Anonymous No.23848377]

>>23847806
>>23848256
>>23848311
Human memory is extremely fragile, malleable and changeable. Would not advise.

[Anonymous No.23848449]

>>23848377
>The current Guinness World Record is held by Lu Chao of China, who, in 2005, recited 67,890 digits of pi

[Anonymous No.23848455]

>>23848256
>And what about security updates? Let's say someone discovers a security risk in the app you are using. Well, you can download an update or find another software solution. If that happens with a hardware wallet however, it's probably useless now.
This is such an unfathomably dumb statement and coming from a blatant technological illiteracy that I cannot comprehend how someone can say this so unironically and seriously.
Working in tech really has taught me how the average person is so painfully tech illiterate.

[Anonymous No.23848485]

>>23848449
What I said is a fact, extreme literal autist outliers are not the standard.

[Anonymous No.23848498]

>>23848256
>security update (which would moreso be a firmware update in this case)
>for an offline hardware ledger
>>>>

[Anonymous No.23848503]

>>23848311
>It's really not that hard. When I was a teenager I memorized a couple of hundred digits of pi
well, to reach their own I guess. I'm not smart enough for shit like that

[Anonymous No.23848504]

>>23848449
>BONK
>not anymore

[Anonymous No.23848638]

>>23848377
>can't even remember a dozen words

[Anonymous No.23848711]

>>23848638
Anyone can remember even 24 words, the problem is that human memory is factually flawed and changeable, no matter how le high IQ you are.
Every time you remember something you don't remember the original instance, but the last time you remembered that. And that way distortion of said memory takes place. This is a fact. Just one day that "least" will become "last" in your head.

So all it takes is a single day where you go out drinking, be in a stressful situation or be in any situation other than the baseline normal and for you to distort your own memory. People even often have days where they all of sudden can't remember the order of a simple 4 digit passcode, let alone anything more complex.
There is a reason why singular human memory is not seen as hard evidence at the court.

[Anonymous No.23848713]

>>23847729
anyone use MyCrypto Desktop?

[Anonymous No.23848842]

>>23847729
I use a software in a computer connected to the internet because I care about my crypto

[Anonymous No.23848890]

>>23848503
>not smart enough
Memory=/=Intelligence. You can look up videos of chimpanzees memorizing a 20 button Simon Says game within 3 seconds, then inputting it in the same time.

[Anonymous No.23848937]

I just leave it on my exchange

[Anonymous No.23849223]

Ledger had a leak the other week whereby all personal (not payment) details of its customers are now out there on the ether. Ive had text messages and emails from scammers already. I'm moving house now because I'm not waiting for a door knock

[Anonymous No.23849380]

>>23848638
retard

>>23848711
based

[Anonymous No.23849697]

>fuck hardware wallets they're overpriced

We're talking about securing over 100k usd, in some cases over 1M - a nano costs $60 lel

[Anonymous No.23849740]

>>23848638

>forget your words
>no backup hard copy
>lose your entire stash for being a dumb dummy

Lel

[Anonymous No.23849781]

For anyone worried you can make your own Hardware wallet but it's hard and take time so the best and most simple solution to store your crypto mainly bitcoin is putting your bitcoin in a wallet and save the private key somewhere and never use it for a long time, cold storage. Paper wallet.. same thing..
If you don't want to spend money on hardware wallet that's fine but hardware wallet just make things easier and faster

Fag holding bitcoin since 2014 here. trust me it's possible..
If you do right it can be even more secure than hardware wallet

[Anonymous No.23849907]

>>23848937
Big brain investors use big brain ideas

[Anonymous No.23849968]

>>23848711
The best way is to make a story to connect your words.

[Anonymous No.23850015]

>>23848256
>yes, hardware is expensive

[Anonymous No.23850077]

>>23850015
For third worlders it is..
60 USD is worth almost half their salary.
May be just better to store in a paper wallet.

[Anonymous No.23850126]

>>23850077
Third Worlders always manage to get fucked up by natural disasters. I don't think paper wallet is a safe idea.
If you are trading meme amounts of money of course you use a browser plug in. Once you hit a certain amount it only makes sense to pay. A tiny fraction of your investment for a lot more security.

[Anonymous No.23850206]

>>23847729
> He can’t afford $40 for a hardware wallet
Cope thread.

[Anonymous No.23850209]

>>23850126
carve it in some kind of steel from some garbage and have it with you for all your life in third world countries with a cyclone every week and a war the other weeks

[Anonymous No.23850289]

>>23850126
Jesus crist I hate retard low IQ
brother if there's natural disaster you will lose your money either you have a paper wallet or hardware wallet.
The best solution here for natural disaster is always the 1# Storing your private key encrypted in some kind of carved metal/rock its up to you.
But if you aren't a brailet you could just store it in the cloud or in your mind, Same would work for a hardwallet seed phrase.

In the end bitcoin is usable for everyone poor or rich.

[Anonymous No.23850299]

>>23850209
Someone would probably steal it for their roof

[Anonymous No.23850358]

>>23850299
Not if you encrypt the private key
And make another four copy of them and guard in different place.
Even if the person finds it or steal, they wont be able to get anything out of it, eventually they would be looking at it like an Ape monkey thinking "uha buga dis thing ? uga buga,"

[Anonymous No.23850426]

>>23847809

[Anonymous No.23850429]

Why not make it 7 and bring krillin along?

[Anonymous No.23850454]

What I don't get is that it can be backed up with the 25 word phrase. So is is just a 150 dollar password holder?

[Anonymous No.23850654]

[Anonymous No.23850863]

Seems like so many people still don’t realize that you primarily use a hardware wallet is you never have to type/show your private key when you acces your wallet. I have almost 1m in crypto so no I don’t give a fuck about the price of something that will help me secure it.

[Anonymous No.23850929]

>>23847806
Based memory palace bro. This shit changed my life.

[Anonymous No.23851264]

>>23848504

That's literally the fucking point. If you do it right, it prevents rancid state/criminal actors from getting your keys via $5 wrench attack. They have to compromise your friends/family instead.

[Anonymous No.23851406]

>>23847791
Pic or it's a larp, I couldn't imagine someone actually doing that

[Anonymous No.23851414]

>>23847729
It's fucking retarded that these things have a maximum capacity of 1 BTC. Can't believe I had to buy 21 back in 2015 to store my 21 BTC.

[Anonymous No.23851431]

>>23847806
based but i never had the patience to make a memory palace so I just use mewconnect instead

[Anonymous No.23851483]

I applied a cypher to my priv key and incorporated it into different creative writing docs where the cyphered word is every X amount. Come at me.

[Anonymous No.23851538]

>>23851414
i love this

[Anonymous No.23851633]

>>23851414
I made this same fucking mistake; sent 3 BTC to a ledger, got overprovisioned and into the ether it went. Fuck. At least I still have the 1,but... cmon man.

[Anonymous No.23851655]

>>23848377
>wraps your myelin

heh nothing personal kid

[Anonymous No.23852166]

>>23849697
a hardware wallet is objectively less secure than an airgapped paper wallet, not just more expensive

[Anonymous No.23852401]

Ledger is closed source garbage

[Anonymous No.23852927]

>>23851414
Is this a meme?

[Anonymous No.23853606]

I’ve thought a lot about this. I think hardware wallets are overrated. Here’s my system, please point out flaws:

- Wallet created on popular app with seed phrase
- Encrypt app on phone and encrypt phone with good passwords (I don’t know app password)
- Put seed phrase and app password into a veracrypt file with strong password not written down
- Split password into shards with SSSS and give to family + friends in case I die
- Store encrypted file on many usb drives and the cloud

This way, my master password is not written down anywhere but I can get it if I forgot

Criticism?

[Anonymous No.23853650]

You're more likely to lose your crypto on hardware wallets than you are on exchanges.

[Anonymous No.23853680]

>>23853606
It works for you and your autism.
But when your normie family has to figure it out they won't.

[Anonymous No.23853803]

>>23853606

>invents commercial quantum computing a year from now

nothing personal kid

[Anonymous No.23853847]

>>23853803
First y’all gotta find the file first hahah.

Also that’s way out in the future no?

Thanks for reminding me I guess I’ll keep on eye on quantum computing

[Anonymous No.23853875]

>>23853847
>Also that’s way out in the future no?

no.

[Anonymous No.23853916]

>>23853875
Do you have any, I don’t know, proof of said statement. Any documents?

[Anonymous No.23853936]

>>23853916

Do you have any, I don't know, incentive for me to spoonfeed you?

[Anonymous No.23853961]

>>23848485
Bruh
>obviously if one person can do it
>every anon has that same skill
Like u don' even fukken kno

[Anonymous No.23853981]

>>23847775
Fuck bro nice lol

[Anonymous No.23854001]

>>23852927
yes

[Anonymous No.23854008]

>>23853936
https://spectrum.ieee.org/computing/hardware/the-case-against-quantum-computing

Meme Quantum computing APIs mean nothing

[Anonymous No.23854020]

>>23848256
>lmao just download a software update if your app has a weakness
How do you think they find that weakness, retard? Someone or a lot of people get hacked and lose everything they have.

[Anonymous No.23854025]

You know those chips are manufactured in China right? You know the second WW3 is a go, they are going to drain all those “secure” wallets.

[Anonymous No.23854062]

>>23854008

best of luck

[Anonymous No.23854094]

>>23854062

Thx! You too

[Anonymous No.23854290]

>>23847729
imagine not being in the DMM ecosystem for 6% with your tethies until 2022.

[Anonymous No.23854378]

>>23851655
kek

[Anonymous No.23854489]

>>23847869
Ledger is closed-source hardware (maybe software too, not sure) and so there is no way to validate that it really is secure.

Trezor has already been hacked in several ways. You can literally buy special-purpose machines to read the codes off them.

>>23849223
I thought that was a few months ago. Did they have another one?

>>23848711
>There is a reason why singular human memory is not seen as hard evidence at the court.
Yes, and it's called "because people lie their asses off."

>>23852927
Just like Elon Musk returning double your BTC if you send some to him. Some people are actually stupid enough to believe this.

>>23853606
1. Truecrypt 7.1a would be better than Veracrypt. T has been audited, V has not been.

2. USB drives are notorious for slowly failing over time. Use a genuine spinning-metal-plate hard drive.

3. SSS is a bad idea because of its complexity and lack of standard implementations. You would be better off using multisig and giving each person cleartext keys. Either way they all still have to collaborate to fuck you over, but your way lets a lack of understanding of software and math do it as well. Also, if something changes (person dies, person turns out to backstab you, person1 fights with person2 and vows to let them starve before they release any of their inheritance, whatever) then with SSS you have to redo everything; with multisig you just move the coins to new multisig addresses.

Note: I am assuming BTC, I don't know if any of the shitcoins/scamcoins have multisig capability.

>>23854025
Some are, some aren't. I don't know which chip Ledger uses, so I have no idea where it's made. Got info on that? Pls post it.

[Anonymous No.23854604]

>>23847729
Anyone else here just keep a wallet file on a usb stick and a printed paper sealed in a plastic cover? Is there any actual advantage to using a hardware wallet?

[Anonymous No.23854616]

>>23847729
>>23854489 again
BTW, if anyone really wants a Trezor despite its being hackable, funny thing -- they are open-source and you can run their software on a Raspberry Pi. So you can literally make your own Trezor at home if you want to. A Pi Zero (get the no-wifi version) costs $5 and a microSD card costs $3. Throw Truecrypt-for-Pi on it and require a password on startup, and you are even more secure than a real Trezor.

Note that the "USB gadget" code is now in the Pi Raspbian kernel by default, so you can just set a couple of variables in the config.txt file and plug it straight into your laptop's USB drive. Risk: a specialized virus that watches for Pi "USB gadgets" being plugged into your laptop and then rapes them via some unknown flaw in Raspbian.

I've been screwing around with a hardware solution for perfect isolation that would make even that impossible. Not going to say more since I'd kinda like to sell these.

[Anonymous No.23854665]

>>23854604
I used to back when my BTC was only worth a few thousand dollars. Once it becomes worth significant money (whatever "significant" is to you), you will probably want to upgrade your security.

[Anonymous No.23854679]

>>23848455
+1, pissed me off too.

[Anonymous No.23854709]

>>23854665
To be fair a paper wallet is probabbly much more secure than I half triangle with a battery made by a communist, I still wont be using a hardware wallet often as I am still waiting for bitcoin to hit at least $19,630 so I can finally get a profit not a lose.

[Anonymous No.23854713]

Also, Coldcard is THE Hardware wallet. (PSBT)
The inventor, has done a btc transaction via a ham radio, and is just a total badass.

[Anonymous No.23854722]

>>23847775
This

[Anonymous No.23854765]

>>23852166
How do you get money out of a paper wallet¿

[Anonymous No.23854794]

>>23854765
You just type in the numbers on the paper onto a different paper and mail it to an exchange.
>>23854713
>made in Canada
Its made by literally communist you have to be retarded to by that shit.

[Anonymous No.23854928]

>>23854794
It's all open source, air-gapped, even the secure elements are superior to all other hardware wallets, there shipped in tamperproof bags, so you know if a "communist" has fucked with it. Obviously have done 0 homework, CoinKite are one of the coolest people in the space, listen to an interview with Rudolfo Novak (probably spelling wrong) Guy is a genius and innovator.
>>23854709
>Waiting for bitcoin to hit atleast 19,630 so I can finally get a profit not a lose.
And you're calling me dumb? LMFAO I bought under when it was 2 digits USD

I am lightyears ahead of you, buy the coldcard you absolute noob

[Anonymous No.23854965]

shits too complicated and chances are your family is going to ask someone else to do it for them. guess what, you just lost all your shit l

[Anonymous No.23855594]

>>23847775
Based

[Anonymous No.23855651]

Okay here is sonething i dont get.
If you can lock the price it means that trezor is storing the coins, right?

[Anonymous No.23856266]

>>23854965
you saying a ledger is too complicated to use?

[Anonymous No.23856438]

>>23847806
based and hannibalpilled

[Anonymous No.23856599]

>>23853936
Kys shit eating boomer retard. I actually hate lazy, tech-illiterate, buzzword loving people like you.

Quantum algorithms have NOTHING to do with breaking aes/CAST it takes 5 minutes of research that only asymmetric cyphers are affected you shit smearing cück.

[Anonymous No.23856715]

>>23847775
You're an idiot

[Anonymous No.23856784]

>>23847791
I do the same, but the file is sha512 encrypted using vera crypt

Also I have the file on several usb keys and Dropbox, google drive

[Anonymous No.23856786]

>>23847729
I leave mine on coinbase
what should I use guys don't bully me

[Anonymous No.23856792]

i keep it on the exchange because i don't want to pay a gas fee.

[Anonymous No.23856795]

>>23847775
Same

[Anonymous No.23857180]

>>23847775
based

[Anonymous No.23857298]

>>23847729
Newfags reading this ignore buy a trezor or ledger never keep on software wallets.

[Anonymous No.23857306]

>>23856786
I do too...I don't have any phone apps, so everything must be done via PC at home.
I change the password of coinbase and my email acct every 30 days, so hacking is tough but not impossible and coinbase is too big to fail and is insured. I've only recently started re-trading shitcoins, and I simply keep them in browser extensions. Not that much, maybe 8k or so. I'm ok with my set up I guess.

[Anonymous No.23857461]

Hardware wallets are worth it solely for their price lock feature

[Anonymous No.23858232]

>>23850929
How anon, im genuinely curious. Ive read moonwalking with einstein and i use memory palace to memorise groceries a couple of bank accounts and phone numbers if im in a hurry. Didnt try to implement it on something more serious. Could you describe what you did and it changed your life?

[Anonymous No.23858532]

>>23853847
my gamble for quantum computing is MCM

[Anonymous No.23858573]

>>23847729
You are right OP. Better to just use ETH wallets where all of a sudden you are unable to access your funds.

[Anonymous No.23859001]

>>23847729
I use ledger and now I'm getting phishing text messages and e-mails regularly, scammers also know my full address where I live so that's fucking great. Thanks, ledger.

[Anonymous No.23859019]

>>23857461
Nano X discountinued it with the latest firmware update. Too much noobs messaging customer service and since once you lock you need to replace your seed words people were losing funds. Sad really, sad that the average IQ of crypto holders literally brings down the rest of us.