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hugohanoi /
npub1qp3…yn58
2024-10-05 11:49:01

hugohanoi on Nostr: People who say “don’t use phones for your main Bitcoin savings” never make ...

People who say “don’t use phones for your main Bitcoin savings” never make sense to me.

1/ Security matters: Phones have a much smaller attack surface and are designed with security in mind, unlike desktops burdened with legacy software and hardware. What's easier to crack—a Windows machine or an iPhone?
2/ Dedicated devices: If you're concerned about your main phone being out and about too much, get a second, dedicated phone for your savings. You should also use a dedicated desktop if you're truly serious about security. Avoiding phones but using a non-dedicated desktop filled with software means you don’t care about security as much as you think you do.
3/ Use multisig: If you set your wallet up properly, the phone should hold no private keys—only a watch-only interface. The wallet interface should be the *least* of your worries. Distributed multisig keys are your main defense. Focus your energy on securing the actual keys.
4/ Use a decoy wallet: If you can’t get a second phone, use a decoy wallet. You can use a decoy wallet even if you have a dedicated phone.

So don’t take bad advice, even from Bitcoiners. Think from first principles.

Don’t be stuck in the 20th century. DO use phones for your main Bitcoin savings.
Author Public Key
npub1qp302p7ry80x8xpcafm4d4szpxvzy8r70lyveg39gk0xgycwu35s06yn58