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Why not blame Trezor for allowing a fake app to steal money from his hardware wallet? Did he buy the wallet thinking it would make scams impossible?
by tedunangst 5y ago
Why not blame Trezor for allowing a fake app to steal money from his hardware wallet? Did he buy the wallet thinking it would make scams impossible?
- rawtxapp 5y agoBecause Trezor doesn't control the iOS app store?
- tedunangst 5y agoWhat purpose does a hardware wallet serve? What security does it offer?
- oarsinsync 5y agoIt provides an electronic and secure mechanism to store your private keys and sign transactions, while retaining confidence that your private keys will not be compromised while using the device. Think of it like a YubiKey. It’s not all that different. It also enables you to export those private keys so that you can keep a backup in the event of a hardware failure, because all hardware eventually fails. It doesn’t lock you into their platform / ecosystem exclusively. It doesn’t prevent you from using that backup elsewhere.
- coding123 5y agoThis is called blaming the victim. It takes a lot for someone that got scammed to come forward publicly with their story. And it helps others not get scammed too.
- tedunangst 5y agoTrezor advertises itself as the most secure way to store bitcoins, yet he lost all his bitcoins. Not sure how you concluded I'm blaming the victim here.