Post
Topic
Board Speculation
Merits 4 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 26/02/2023, 06:51:22 UTC
⭐ Merited by philipma1957 (2) ,LFC_Bitcoin (1) ,JayJuanGee (1)
Why do you think, that hardware wallets are a bad way to hold bitcoins?

They involve trust.

Where did you get your paper wallets from? Did you run someone else's code (even offline) to generate them? If you did, your paper wallets also involve trusting that coder's skills and motives.

The only way to completely eliminate trust is to write the wallet-generating code entirely by yourself (which then adds the possibility of compromising your security by not doing it right).