bitcoincuracao on Nostr: You probably don't need a hardware wallet Some counter-arguments against the overly ...
You probably don't need a hardware wallet
Some counter-arguments against the overly present HW wallets in bitcoin.
https://allesvoorbitcoin.substack.com/p/you-probably-dont-need-a-hardwareHardware wallets have long been the go-to method for secure Bitcoin storage, with the Trezor leading the way since its introduction in 2014-15.
However, this article raises a valid concern about software and firmware updates that may not be compatible with older hardware.
If these updates are only reliable for a few years at most, it calls into question the longevity of such wallets as a store of value for Bitcoin holders.
Published at
2024-08-06 13:23:56Event JSON
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"pubkey": "d62e8d042e08ea1dd8c22a9879481612d97241b852ff1b20ca2983d2569fa79c",
"created_at": 1722950636,
"kind": 1,
"tags": [],
"content": "You probably don't need a hardware wallet\nSome counter-arguments against the overly present HW wallets in bitcoin.\nhttps://allesvoorbitcoin.substack.com/p/you-probably-dont-need-a-hardware\n\nHardware wallets have long been the go-to method for secure Bitcoin storage, with the Trezor leading the way since its introduction in 2014-15.\n\nHowever, this article raises a valid concern about software and firmware updates that may not be compatible with older hardware.\n\nIf these updates are only reliable for a few years at most, it calls into question the longevity of such wallets as a store of value for Bitcoin holders.",
"sig": "1820ef47b881d15b5ca8d38769b1a23123e102dd3b5cbfecb7315f2f533709623de74d4fb4b5bef3e104995db2954a208ed43abc168ffd961758975841c6cde6"
}