Post
Topic
Board Bitcoin Discussion
Re: They say hardware wallets are the safest
by
coinfinger
on 16/07/2020, 14:52:49 UTC
Why do they say that? Correct me if I'm wrong. Isn't, hardware wallet, a hardware like usb, that generates private keys without being online on the internet?

Why do I not like them? Because, in addition with a txt file that you can encrypt with many ways and save it in many places, if your hardware stops working, you're a dead man. And you're going to fix it somewhere? Not that recommended. If you're a paranoid of course.

Prove me wrong, by not telling me the cons of software wallet. Prove me wrong, by telling me the pros of hardware wallet.
Just use whatever you think works for you, as long as you understand very well how it works. And for someone to hack your wallet they will need some vital information on you, they don’t just mysteriously figure out everything about your address and wallet and then bump in like magic, no it doesn’t work that way. That’s why you have to be careful with the ways you deal with things online.

You have to be careful about where you post your info like email, crypto address, replying spam emails/ unsolicited mails, etc. Just stay on your line and you will be safe.