quotingNotes on the Bitkey:
nevent1q…9cuz
- 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.
₿lack Swan on Nostr: Am really enjoying mine! ...
Am really enjoying mine!