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Dr. Bitcoin, MD 1y ago

Hey nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m, bitkey is pretty slick. Got home from the hospital and had it at my door today. Super easy setup. Bought $50 of bitcoin on coinbase; integration was super well done. Got my wife setup as a trusted backup person. Super easy and fast.

Having trouble getting it to see my electrum server inside a VM running umbrel, but that’s not relevant to 99% of users. But awesome that private electrum server is possible.

You guys hit it out of the park on this one.

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pukka 1y ago

nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l integration is really easy to use. Hoping they had passcode or FaceID to unlock bitkey app. I like the bitkey hardware, feels nice to hold & NFC is quick. Good solution for #bitcoin that’s not in hot wallet and/or cold storage.

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Dr. Bitcoin, MD 1y ago

On iOS I don’t see that option. Makes sense to use passcode/face ID though.

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BTC_P2P 1y ago

What differentiates it from the ColdCard?

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Dr. Bitcoin, MD 1y ago

Totally different sort of device. Think of it more in the category of Trezor/ledger but designed to work with ios/android out of the box.

The main feature is wallet recovery…it’s a multisig wallet where your bitkey has a key, the mobile app has a key, and their server has a key. Need ⅔ to spend. They store a copy of the mobile key encrypted to your device OS cloud account. Additionally, you can store encrypted copies of both bitkey key and mobile key with a trusted contact person…this lets you lose everything (bitkey and phone and cloud backup) and still recover (albeit with a security delay of 1 week, during which time you can cancel if you get the email/sms/push notifications of the recovery countdown).

It’s really well thought out.

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BTC_P2P 1y ago

Interesting. Thank you for the in depth explanation.

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Perky 1y ago

wow glad you're home from the hospital🫂💜🫂💜🫂💜

jk ikywt😅

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Dr. Bitcoin, MD 1y ago

Best use of abbreviations I’ve seen in a long time. And we use a lot of abbreviations.