Step 1: Don't rely on a secure element in the first place as most use cases are fine with a stateless device.
Step 2: Save a truck load of money. The end.
Discussion
If you think any coldcard device is a truckload of money, you need to work harder and stack longer. Then there will come a time when such things are cheap.
But you’re right, stateless is often good enough. I treat my coldcard as stateless
Okay Mr Money Pants. I can't wait to get as rich as you so I can just burn sats just because. :)
The funny thing is, all ya gotta do is buy bitcoin and wait. The more you buy and the sooner you start waiting the better.
But you’ll likely never be as rich as me. I played the fiat harvesting game well and got blessed by bitcoin long ago.
You do highlight my point thou. For the majority of plebs, hardware wallets like this, arent really needed. Even for you it's likely still a waste of sats, you're better off with something else, unless you're making regular large transactions.
How do you create a key without a proper HWW?
It’s a convenience item. I use it in paranoid mode. But I don’t have to.
You can calculate your own private keys by hand from dice rolls, but I choose not to.
But nobody would ever disagree that minimizing trust is always safe, presuming you don’t outsmart yourself.