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RE: Crypto Tips Unplugged: Dangerous Trend in Bitcoin

in #bitcoin6 years ago

Crypto 101: Not your private key, not your crypto. And as for using hardware wallets from a third party that you carry in your pocket...
I'm off to check my pockets for "Private Wallets". Anyone know what I'm looking for?

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I consider a hardware wallet more secure than a key that you print, unless you print from a PC that will never be connected to the internet ever again.

Trusting the securing of your funds is not the same as trusting someone with wealth creation and distribution. I have no issue with using a good hardware wallet, they are very valuable tools. The caveat is that you must buy directly from the OEM, and you must ensure that it has not yet been initialised when you receive it. Otherwise you risk getting a compromised device.

 6 years ago  Reveal Comment