Kazuo

Into economics. Cybersecurity. Self taught. Exploring Forex and the future of P2P digital cash.

[Kazuo @Nespurebla]

@pcaversaccio Never lost a single dollar using a hot wallet. If you have six figures in crypto, it might be time to have a second phone with an open-source hot wallet installed and have a passphrase on it. When you are not using the phone, you'll put it on airplane mode.

[Kazuo @Nespurebla]

I FUCKING LOVE @Goblin_cards

[Anon Firm @Anon_Firm]

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[Kazuo @Nespurebla]

@XMRVoid XMR is my stable coin!

[Kazuo @Nespurebla]

@shinohai2017 Agree, people who are just speculators are better off buying iShares Bitcoin Trust ETF or buy it directly from exchanges.

[Kazuo @Nespurebla]

@TutaPrivacy @Battery__LB Yes I have read it, thnx.

[Kazuo @Nespurebla]

I just recently started to use @TutaPrivacy as my second email account. I'm using Protonmail now, but Tuta seems nice as well.

[Kazuo @Nespurebla]

@OsO_Motomoto @Ledger @COLDCARDwallet That Ledger is closed source. I can see that you struggle with reading, so it's all good.

[Kazuo @Nespurebla]

It would not surprise me that @Ledger will be the next one that is going to get breached, just like those clowns at @COLDCARDwallet. Ledger is closed source, so nothing can be verified. How do you know whether they didn't install a hidden backdoor?

[Kazuo @Nespurebla]

@sebp888 @ricardoXMR Nah, they recently changed some stuff. I'm avoiding them now as well.

[Kazuo @Nespurebla]

@ImpulseLedger Looks like it's targeting $4500

[Kazuo @Nespurebla]

@2dogs1chic See: 👇

[Kazuo @Nespurebla]

Regardless of the CC hack, people were putting all their eggs in one basket. A hot wallet with a *passphrase* on a *second* phone to manage crypto, and keeping that phone on airplane mode most of the time, would have been fine for most people. Yet you listened to influencers.

[Kazuo @Nespurebla]

@2dogs1chic Having a second phone as a hardware wallet, along with an open-source hot wallet that supports passphrases, is enough for the average person to store their BTC and other crypto. When you’re not using the phone, you put it in airplane mode.

[Kazuo @Nespurebla]

@Battery__LB @TutaPrivacy Yeah after 6 months inactive they lock your account is you use the free version.

[Kazuo @Nespurebla]

@JordanSanchezCA No lol, but I like the creativity.

[Kazuo @Nespurebla]

@jcgabesol @Ledger @COLDCARDwallet Agreed. Open-source is one thing, but how user-friendly is it to manage that hardware device? And how is the vendor handling users’ personal data? Do they have a security team triaging bugs that are submitted? This is what I usually look in a vendor.

[Kazuo @Nespurebla]

@kyc_rip @doomobserver @Cce_Cash @runeswap_io I recently tried it out by buying Bitcoin via the ghost swap. I do use your site to buy "clean" BTC though.

[Kazuo @Nespurebla]

@pinkcliper I was looking at XAUT as well, but still need to research it a bit further. I'm not a super huge fan of Tether though. $PAXG is also on my list.

[Kazuo @Nespurebla]

@prolificjointz This. I even doubt most have read the Bitcoin whitepaper and actually understand it.

[Wu Blockchain @WuBlockchain]

ZachXBT Says Hardware Wallets Are “Garbage,” With Ledger the Worst

ZachXBT, one of the crypto industry’s most prominent onchain investigators, said he does not consider current hardware wallets suitable for signing critical transactions or storing large amounts of assets, arguing that a dedicated iPhone used solely for crypto management may be a better option. He singled out Ledger, one of the world’s largest hardware wallet makers, saying frequent Ledger Live updates often disrupt basic functionality.