Replying to Wonteet Zebugs

Those are all good points.

But that just leads me back to the basics : do we have better odds with a Jade without secure element but where both the Jade and the oracle server have to be compromised, or do we have better odds relying only on a secure element?

But, I must admit that hardware wallets are probably not the best choice for really huge amounts. I remember reading Greg Maxwell saying he preferred an offline computer (probably with a live-dvd, I assume).
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semisol 7mo ago

For large amount it’s always multisig

Also, I think quality SEs are better. But low quality ones are significantly worse

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Wonteet Zebugs 7mo ago

Multisig : that's debatable. I remember Francis Pouliot writing this a couple years ago, on twitter :

"Having a strong BIP39 passphrase and redundant backups is superior to a multisig for security, accesability and loss prevention. I can't imagine the stress of multisig as a personal solution. No wonder people pay 3rd parties to hold their multisig keys!"

Francis has been in bitcoin for a long while and has been involved in customer-facing businesses (btc businesses) for about as long (the Bitcoin Embassy in MTL and then bullbitcoin.com).

I remember even electrum (older version) messing up the multisig setup so badly that such that electrum couldn't access the funds put in that multisig. And electrum is a very OG project.