Big Barry Bitcoin on Nostr: Yes it is as good as a hot wallet by a reputable company (also regulated company). ...
Yes it is as good as a hot wallet by a reputable company (also regulated company).
The one thing it gives you is that you have physical control over when it signs. It can't do things unless you prompt it to do so. It can't do it because a hacker told it to, it can't do it because it is malicious, but yes, it isn't nearly as secure as one with a display.
Published at
2024-06-11 14:47:53Event JSON
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"pubkey": "0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14",
"created_at": 1718117273,
"kind": 1,
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"content": "Yes it is as good as a hot wallet by a reputable company (also regulated company).\n\nThe one thing it gives you is that you have physical control over when it signs. It can't do things unless you prompt it to do so. It can't do it because a hacker told it to, it can't do it because it is malicious, but yes, it isn't nearly as secure as one with a display. ",
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