So, Bitkey for my wife as a Christmas gift 🤔
Discussion
Doesn’t ship til Q1
What’s your take on the product, Evan?
Need to see it in person and experience the UX myself to see if the trade offs make sense to others but to me there are a lot of non starters.
I like that it’s inconspicuous … it could be anything … a hard drive, a USB drive, paperweight. The materials used do feel premium.
The app is dead simple. Balance, add + Send & receive & you can use a custom electrum server. The Bitkey pairs quickly & seamlessly.
You can spend up to a limit solely using the phone but atm it’s only on-chain. Hopefully they get lightning in there or else it doesn’t make much sense on a high fee environment.
Trade off for ease of use is that 1 key resides on Blocks server. Personally, I wouldn’t use it as my main cold wallet … but I know I’m not the user they are aiming for.
As a moderately intermediate user I prefer other wallets that might allow more granularity & options … but I’d say it’s a great first wallet to onboard newbies or someone who is not very tech saavy …
Looks pretty cool - not seen much in-depth info on how it works - have you?
Hrmm from what I can see. 3 keys
1 x on their server
1 x on your phone (needs to backup on Google or iCloud)
1 x on the hardware
Fully open source once available and each key has limitations.
Seems to be a good compromise between convenience, security and privacy.
Duh
No shipping till almost March
