>*hodls you're BTC for 10 years until it hits $1M*you ARE using a cold wallet right? you're not letting your money sit on some exchange where it's vulnerable to Indians and the Han....right?
>charges battery>gets warmNot really a cold wallet is it?
>>60909472>oops
>>60909472Just use an android tablet
>>60909472All wallet keys are eventually lost or stolen. There is logically no way to prevent this.
>>60909472Yup
>>60909644All money is lost eventually by such logic.
If I were to hold large quantities of BTC I would chisel the key into a stone tablet and hide it in my attic.
>>60909472Yes. I use it to lock my price in
>>60909690>my atticok then you move
>>60909472Those are for midwits. Your personal details WILL get leaked to hackers. One company already had this happen. Just use electrum on an airgapped laptop. Simple as.
>>60909644I don’t know what this means. A seed phrase consisting of 24 words seems pretty safe to me.>>60909869How the fuck does a seed phrase get leaked by them?
>>60909472I have IBIT in my Roth so there would need to be some pretty complex maneuvers to steal it.
>>60909892Your personal details like email, name, phone, and shipping address, numbnuts!
>>60909912Okay, that just means they *know* I have a wallet or bought one in the past. Are they coming to my house and busting my kneecaps with a bat?
>>60909915>Are they coming to my house and busting my kneecaps with a bat?they'd probably use a wrench
Electrum is the oldest and most battle hardened method of btc storage. Only fools think otherwise.
>>60909472https://x.com/notalexchoi/status/1964464236710461885imagine keeping 1 million usd unsecured on a regular pc
>>60909472Cold wallets are based and the retarded fuddies ITT are going to lose it all
Is a passprhase worth it?
>>60909892>A seed phrase consisting of 24 words seems pretty safe to me.Aren't you worried about forgetting or losing this phrase? Or the medium it's stored on degrading? Or someone else finding it? >>60909685Tradfi systems have transferred money across generations, spanning hundreds of years. People lose their crypto after two months because they can't remember one of their seed words.
>>60910288You can buy steel plates online with letters you can stamp on them. Make two of them and keep them safe. Your house will burn down and it’ll be the only thing left.
>>60910288>Or someone else finding it?people manage to safekeep jewelry, personal items, even large amounts of cash without this being an issue. why would a seedphrase be otherwise? it's an advantage because 95% of the population wouldn't even know what it was if they saw it.
>>60910288Of course someone could rob me, but they’d need to know there’s a wallet, then they’d also need to someone break into my residence, presumably torture me, and then somehow get away with it. It’s just highly unlikely. And even then, you can just give them the seed phrase to your dummy wallet that holds $2,000 in bitcoin than the greater amount.
>>60910302Yep. And the people who get robbed either in-person, at a hotel, or at home are usually wearing a watch covered in diamonds and a $400 belt. Some regular looking person is a small target.
>>60910332one suspects zoomers have never even heard of a 'safety deposit box'
>>60910288Well I can devise a system with crypto that'll hold up for hundreds of years, and, like your trad-fi, only usually.
>>60909518Why would anyone know you have money on a keychain?, are you one of those idiots who post their wallet on social media arent ya?
>>60910323Advance it further:>You enter the self-destruct code on your hardware wallet when asked to enter the unlock code>Haha, you now have to travel to my safe deposit boxes in the Cayman, Singapore, Switzerland, Macau for enough parts of the restoration....why somehow managing a hostage situation long enough>"Durr he's just going to kill you for being so difficult"-could have killed me anyways, first mistake was letting the guy get in that position to begin with
>>60910395>implying it's an "all or nothing" game>implying you won't pay $400k for every limb and $150k for every eyeball that you have>implying you won't be happy to pay $1.35kk for your remaining 3 limbs and 1 eyeball after 3 long days with Diego "Torturape" Martinez
>>60910434Most of us don’t live in Europe or Southeast Asia, you commit a crime like this in the U.S. and law enforcement will find you and you’re going to poundtown.Of course it still happens, but you’d have to let the whole world know you’re a crypto millionaire.
>>60909644uhh actually there is.
>>60909472>buying an overpriced USB
>>60910452>plugs USB into PC full of malware gained from watching loli/shota porn>loses their bitcoin because they couldn’t be bothered with a $50 wallet meant to prevent this
>>60910445>you’d have to let the whole world know you’re a crypto millionaireDepends on the price of bitcoin. At some point your mom will rat you out to Diego for a 50% cut.
>>60910503I mean at some point why the fuck aren't regular millionaires held hostage for their stock portfolios until they can be transferred out internationally?>>60910434>"Too late man, the hardware wallet has already been destroyed. You think you're going to get on a plane to Switzerland with me and no one figures it out and/or I don't escape?
>>60910573With institutions involved, it’s incredibly easy to get transactions reversed. Criminals take advantage of cryptos because all transactions are settled instantaneously and finalized. So if I had access to your seed, I could take it out the bitcoin, exchange it to monero and be well on my way to Belize. This is also why it’s better to hold bitcoin as an ETF in some respects, but if you can be responsible then it’s fine to do a wallet.
>>60910573They don't keep their stock portfolios as 24 words in their heads.>foo fate van, fe fardfare follet haf afreafy feen fesfoyedYour lies made Diego very erect.
>get a self-administered UV tattoo of seed phrase on a discreet part of the body Nothing personal, jeet scammers.
>>60909518After this I went to cold card. Completely air gapped so I never need a firmware update.Funny, I started 13 years ago with armory air gapped on a netbook and now I'm back to the same thing.
>>60910002>https://x.com/notalexchoi/status/1964464236710461885But this doesn't say how it happened, just >"i talked to some people about a project who seemed legit then a while later all my wallets got drained and then i looked further at those people and saw they were scammers"I don't see how they did it without more information
ITT: anonymity
>>60909518>>60910763every wallet can leak keys, you can leak keys from coldcards and have them posted on the blockchain without the attacker needing anything other than malicious code or hardware in the wallet itself.literally no wallet is safe from this attack, which is why singlesig wallets are just for retail
>>60909869>>60909912>>60909974you can ship them to a locker in the us then nobody knows>>60910445in america you'd just be shot, leo worldwide treats all of these the same way given it affects the wealthy outside of random brown countries
>>60909477check mate coldies
>>60910589It really isn't once the money is wired over to Venezuela. It takes time for that shit to clear but so is going around to pick it up.
>>60910618Correct, but if you don't know your seed phrase, as described, then it becomes just as challenging to hold you hostage going into multiple safe deposit boxes>>60910618Well tough cookies it's legit gone, you can legitimately torture me but my intergenerational wealth is intact, I mean seriously you can drill into my kneecaps and I'll tell you everything I can about my international safe deposit boxes, who works at the bank, whatever, nature of the Shamir secret sharing algorithm, who I know, etc etc but that's really not going to help you, or unfortunately me.
>>60911453>>60911453>I'm a retard who doesn't understand how air gapped wallets work but will have an opinion on them anyway.By your logic a completely offline paper wallet can have its keys leaked too.
>>60911453Never read something more retarded in my life. Here's your (You)
>>60912003great midwit response. go learn how ecc works brownoid. single sig is permanently insecure
>>60912028for your little brown brain:every time you sign a transaction you are giving the device full capability to leak any information it wants.the only protection for fundamentally insecure singlesig wallets is signing on an airgapped general purpose device and being experienced enough to understand if the signature was generated without sidechannel informationno hardware wallet will save you
This shit is what filtered me. I never bought much crypto because it seemed like such a pain in the ass to buy, store, transfer, etc. My loss for sure. There's a lot of money waiting for someone to figure out an easy way for idiots/normies like me to securely hold/store/transfer crypto. Right now it's just too much of a PITA, and there's too many perspectives. Needs to be streamlined. I have a small amount on coin base and that's it. I'm still typing because I'm pooping and waiting for the captcha timer. I'm scared of the impending collapse of the USD.
>>60912097Name a time when a key was leaked by signing a bitcoin transaction with an air gapped wallet.
>>60912170just take the L and fuck off brown, you're way out of your depth
>>60912183Ah you can't. You're a fucking midwit retard faggot.
>>60912187says the literal brown that didn't even know one of the most primative ecc failure statesif you actually had any real wealth you would be thinking about this stuff, 7 fig and under poorfags have no idea what real security entails
>>60912192>ackchuallyfag
>>60912206sounds like you fell for coldcard marketing. nobody's safe using a brazilian's trezor clone
>>60912214>midwit screechingfag
>>60912220kek, better luck next life.>>60912146in 16 years we literally only have 3 or 4 hardware wallet companies with legitimate security and alltogether they have something like 4-5 million unique customers out of the hundreds of millions of crypto users.the whole ecosystem has always been a shitshow
>>60912241fag
>>60912214>>60912220Y'all better kiss and make up real quick or I'll have to beat the two of yas.
>>60909472So what's this about a cold wallet attack I've been hearing about?https://www.youtube.com/watch?v=uDmFahsOa48
>>60911648>you don't know your seed phraseDiego has no way of knowing what you know or don't know, he only knows how to mine bitcoins out of people through their kneecaps. It's your fault that you don't know a seed phrase that will make him stop. Sorry...
>>60909472>I tranferred mine to wrapped BTC tokens on Eth. Much more useful there.
>>60910573How are there people who have such a poor understanding of tradfi and crypto posting on this board
>>60910780>I thought the same
>>60910780>he talks about storing his crypto off chain, do they mean on an exchange, doesn't make sense
>>60909472there is literally NOTHING wrong with letting your Bitcoin sit on Coinbase until you’re ready to sell again
>>60915263>>60915344>>60915356Can you stop posting everything in greentext it's fucking confusing to read you retarded nigger
>>60915165Test
Read it and weep, faggots:>>60913948
>>60909676Big Bag??? More like "baby bag".
