So back to the price thing, I expect to pay upwards of $100 for a safe. I also expect a safe to weigh several hundreds of pounds... but that's another topic. So for a "wallet" I've never even bought one and if I did I don't think i'd pay more than 10-20 bucks.
So look, it's an awesome gadget. Security is a big deal with bitcoin. But am I just looking at the wrong thing? Is there a cost effective security solution for the average user?
Is there going to be a Trezor-lite? The Trezor looks really awesome and I'm glad to see it pioneering bitcoin security. Good luck. No offense intended here. Just trying to understand more options for making bitcoin easier to use and secure. Thanks
This is a Bitcoin wallet and a "digital Bitcoin safe". When considering a real world, it's like a wallet. You can wear it in your pocket, it does not weight 100pounds or kilos. But in digital world, when connected to a computer, it should be as difficult to get inside as if it was a safe. Weight does not matter anymore, other things do...
Considering price, you might have heard that there are now Chinese who are selling a clone for 28$:
http://www.reddit.com/r/Bitcoin/comments/2ti75t/only_28_to_buy_a_trezorlike_hardware_wallt/ Please note that Chinese cannot spell wallet in the reddit link so be cautious about buying one (especially when you don't speak or read Chinese).
The Satoshi Labs themselves declare the hardware cost as 19$ on the shipping package customs declaration and the remaining 100$ to be the software cost. Considering couple of people spend two years on development of the device and they sold "several thousands" of devices
http://satoshilabs.com/news/2015-01-15-trezor-in-2014/ it seems to me that if several were 10 then this would be still way less then community spend here:
http://fortune.com/2015/01/20/coinbase-raises-75-million-in-largest-ever-vc-round-for-bitcoin-company/ but Trezor being a much more important community effort since the security is the only thing preventing mass adoption.
Anyway, price will go down over the time. Maybe soon because of clones.