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109 sats \ 2 replies \ @Coinosphere 14 Dec 2023 \ parent \ on: Jameson Lopp: What you should know about the Ledger incident bitcoin
@Onions I'm tired of hearing this autistic argument! Stop scaring away the noobs from something that so drastically raises their ability to secure their wealth just because you feel it's not perfect... Of course it can be improved in some way but there's an opportunity cost to everything, and a noob is taking a lot on faith to store their wealth in Math in the first place. -Much less storing it in a hardware device that keeps track of the math for them.
I have a SeedSigner but a lot of my wealth is still saved in Coldcards & Trezors. Why? Because you can friggin' spend from them! That's kind of an important function of money.
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it can't be improved.
I'm talking about the process. Yes the process can be improved upon from a HW wallet.
I'd argue that the process for a SeedSigner cannot be improved without adding memory to it. No one wants to add in 12 words each time they go to spend a few sats. The QR code makes it less secure, not more. HW should absolutely be able to remember your PrivKey to avoid these problems!
HW is awesome, I've been using them since the 1st ledger and KeepKey hit the market. I don't use those two any more, for obvious reasons, but the airgapped HW wallets we see today are all pretty awesome, and light years ahead of your process in terms of safety from all angles.
You need to go back and watch that Andreas Antonopoulos video from 2014 about why HW wallets fit in that sweet spot between protecting from outside threats and protecting against ourselves forgetting. (A far more realistic threat.) Seedsigner steps outside of that paradigm a bit.
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