Are #Trezor wallets safe?
I heard controversy about them volunteering users information to gov. Agencies.
Discussion
I wouldnt trust them but look at coincard or blockstream jade or another cold storage device
Just don't use the trezor suit I gues....
What's the "shelf life" of a digital device?
Will it be fully functional in 10-15 or 25 years?
Steel plate backups for me seems most logical, but plenty seem sold on devices. 🤷♂️
I go with multiple steel or titanium plates. Who know what’s going to happen with our hardware/software. I say best to be safe and have good solid offline backups!
No doubt..... even pen/paper would be better for a lot of people, IMO
My 2 sats...
HW wallets should be backed up and regularly tested.
Consider a multi sig set up.
Consider unchained or casa.
You could do yourself.... but not sure you want to be your only solution if something goes wrong.
Having multi sig doesn't expose you to single points of failure. 1 for 1 is risky for generational wealth but fine for most other holdings.
My seed phrase stored safely. I use the wallet to generate public keys to receive my Bitcoin. My concern is traceability, not my btc getting stolen.
I buy from an exchange that knows me so that's a point of weakness. Now I wonder if trezor (given that the device generates my pub key) can track my public key, thus presenting another point of weakness in the traceability and privacy fronts. Traceability makes coercion possible.
Once you withdraw from an exchange, it's pure speculation. Withdraw and Send are identical.
Bitcoin itself is KYC and permissionless, it's the rerurn to fiat, where ID will always be required. Unless you do peer-peer, even then, if it was a substantial amount, there would be trust needed for p2p.
Exiting the system is the endgame.
KYC is s meme.
Makes sense. Looks like we're in goond shape then. My wallet is one way street: fiat to BTC only.
My BTC will never be exchanged for fiat, unless absolutely necessary :)
You might be confusing trezor with what happened to Ledger. They were literally making it so the new firmware could send pubkey info to governments from the client if govt agency and Ledger both decided to. It was supposedly an "opt in feature" or some other crap but that's total bullshit in my book.
I don't remember anything with Trezor specifically, but maybe just use different software on desktop like Sparrow, Specter, Green. Nunchuk or Lily wallet or something.
Probably thinking of this https://www.youtube.com/watch?v=hyQo95wfSaI
I believe that was Ledger.
Trezor is good, no personal experience. I skipped the middlemen and just went for what I felt was best practice in terms of deep cold store. Trust less. Etc.
Sparrow as the software terminal, seedsigner as signing device.
I operate my spending wallet/hot wallet through Zeus on my mobile. It is imported from mynode's RTL wallet so I can glimpse at my nodes information, manage channels, etc.
I haven’t heard that. Do you have a source?