Post
Topic
Board Hardware wallets
Merits 4 from 1 user
Re: Square is considering making a hardware wallet for Bitcoin
by
dkbit98
on 12/12/2023, 20:21:19 UTC
⭐ Merited by o_e_l_e_o (4)
Even if none of its cons existed, I would've still said it's way too overpriced.
You forgot about inflation part, so price is not such a big problem for me.
$150 today is not the same like $150 few years ago, and most hardware wallets are starting around $100 price target and up.

This part surprises me the most... A few months back, they partnered with Coinbase and integrated their services into their app, but for some reason, they're not using Coinbase Commerce on their website
I though Jack Dorsey was a ''bitcoiner''... but than I remember never to trust what anyone say in public, especially if he was involved in big social media business.

Seems like all the concerns we raised multiple times in this thread have been completely ignored and Block have powered ahead with the worst possible combination of features.
I see a bunch of people on twitter ordering this stuff, so I won't be surprised if it gets sold-out quickly  Roll Eyes

I asked one of their leads on Twitter who replied "Yes we still plan to publish our code before we ship" (https://x.com/max_guise/status/1732808300427690113?s=20)
There is no a single word about code on their website, and that usually means it's not open source.
Don't trust, verify.