₿lack Swan on Nostr: Notes on the Bitkey: - Easiest setup experience of any wallet I've used - Hardware ...
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.
Published at
2023-10-27 11:37:45Event JSON
{
"id": "9d89ad0c502834c4ea7a85424d51447dc8f2763b03170af0da4f5da58461bb26",
"pubkey": "83bb3f6274403cc167c09e0ddd75857b933510a59cc345d16d67e6fae3f870d7",
"created_at": 1698406665,
"kind": 1,
"tags": [
[
"r",
"https://image.nostr.build/3e8472b8bf8e5e0841c20c6189e1b6b6b9902fb9db3c90649d46b944ffc26215.jpg"
]
],
"content": "Notes on the Bitkey:\n- Easiest setup experience of any wallet I've used\n- Hardware feels really solid, nice build quality\n- 2/3 multisig with no seed phrase\n- Mobile app and server key can authorise small transactions (dollar amount is user configurable)\n- Mobile app and hardware device is required to authorise larger transactions\n- Email is required during setup to facilitate recovery if mobile phone / hardware device is lost\n- Phone number is optional (from memory)\n- Can integrate Cash App / Coinbase for direct purchases to the wallet\n- Block can see your transaction data\n\nThe app / hardware device is still in beta, however the simplicity of the setup process is near perfect.\nWhile most of us will still prefer a Coldcard, Passport or Jade, those devices aren't for everyone.\n\nI 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.\n\nMost importantly, this is not a wallet for your KYC-free corn.\n\nhttps://image.nostr.build/3e8472b8bf8e5e0841c20c6189e1b6b6b9902fb9db3c90649d46b944ffc26215.jpg",
"sig": "310db58495dd8bac81220a6ab67eb4dbab72ea266936326fc87b1eec78376943fd453cfc31eb8c63857e3f7dae3f3bf4cd8b479ecc1f52a874d0c682342a2bb1"
}
