Answer Guy on Nostr: I would recommend a hardware wallet over any mobile or desktop/laptop wallet (even ...
I would recommend a hardware wallet over any mobile or desktop/laptop wallet (even over multi-signature mobile, such as Blockstream (npub1jg5…6n8n) Green).
Mobile is fine for amounts you plan to spend or want handy for impulse expenditures. But hardware is best for long term storage (for now).
Eventually I'll be happier with multi-sig custody of my retirement funds. But that would be secured by both hardware signing devices AND multi-sig.
I still need to see more mature tooling around that (software and hardware).
But, more importantly, I need to see some better legal and institutional clarity around it. If I arrange with a lawyer to be a signatory on my cold storage ₿, how does that actually work?
All of that said, my advice for Bitcoin hardware boils down to just two options: Blockstream Jade is my first choice. The Coldcard Mk4 or Q would be another option.
I have pairs of Trezors and Ledgers. They work well enough. But they've have issues (in particular customer data breach and exposure issues) and their efforts to support shitcoins weakens their core product focus and execution.
For Jade, in particular, I'm happy with its support for BIP85 (derive seed mnemonics from your existing seed). Thus the seeds for mobile, laptop, etc. can all be derived from one device (and all handled with on backup).
Mobile is fine for amounts you plan to spend or want handy for impulse expenditures. But hardware is best for long term storage (for now).
Eventually I'll be happier with multi-sig custody of my retirement funds. But that would be secured by both hardware signing devices AND multi-sig.
I still need to see more mature tooling around that (software and hardware).
But, more importantly, I need to see some better legal and institutional clarity around it. If I arrange with a lawyer to be a signatory on my cold storage ₿, how does that actually work?
All of that said, my advice for Bitcoin hardware boils down to just two options: Blockstream Jade is my first choice. The Coldcard Mk4 or Q would be another option.
I have pairs of Trezors and Ledgers. They work well enough. But they've have issues (in particular customer data breach and exposure issues) and their efforts to support shitcoins weakens their core product focus and execution.
For Jade, in particular, I'm happy with its support for BIP85 (derive seed mnemonics from your existing seed). Thus the seeds for mobile, laptop, etc. can all be derived from one device (and all handled with on backup).