Notes on the Bitkey:

- Easiest setup experience of any wallet I've used

- Hardware feels really solid, nice build quality

- 2/3 multisig with no seed phrase

- Mobile app and server key can authorise small transactions (dollar amount is user configurable)

- Mobile app and hardware device is required to authorise larger transactions

- Email is required during setup to facilitate recovery if mobile phone / hardware device is lost

- Phone number is optional (from memory)

- Can integrate Cash App / Coinbase for direct purchases to the wallet

- Block can see your transaction data

The app / hardware device is still in beta, however the simplicity of the setup process is near perfect.

While most of us will still prefer a Coldcard, Passport or Jade, those devices aren't for everyone.

I suspect Block will advertise via Cash App and sell a ridiculous amount of these devices, which is great for self-custody but comes at the expense of privacy.

Most importantly, this is not a wallet for your KYC-free corn.

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Discussion

More notes on the Bitkey:

- Can connect the phone app to your own node using custom Electrum server

- mempool.space used as the default explorer

- bech32 addresses by default

- Hardware device is required to enable / modify the spending limit that can be done using phone app only (maximum $200/day)

- Can select Tx fee using Priority / Standard / Slow options

- 'Slow' correctly estimated the current 3 sat/vB rate

- Still very impressed by the ease of setup and use

Am probably going to be recommending nostr:npub1tcnvkw8fu29zspw54tuhfrk0tkzn6qdupmc45slt4zmase3dzqask6ctu0 to a lot of normies.

gg nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

nostr:nevent1qqsfmzddp3gzsdxyafag2sjd29z8mj8jwcasx9c27rdy7hd9s3smkfspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpqam8a38gspuc9nup8sdm46c27unx5g2t8xrghgk6elxlt3lsuxhqvzqqqqqqykr9cuz

Just realized reading the following, that there is no seed phrase backup, is that right?

“- Email is required during setup to facilitate recovery if mobile phone / hardware device is lost”

AFAIK, that was jacks entire thesis with the bitkey. Get rid of all the seed phrase liability nonsense, provide an alternative solution using multisig and a trusted third party to facilitate that redundancy.

Correct on both accounts and, having tested the setup, the UX is far superior than trying to explain, setup and test seed phrases.