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This is dead simple for anyone who does the research even without a hardware wallet. Use a usb based OS like tails, make an address, write down the 24 words or

This is dead simple for anyone who does the research even without a hardware wallet. Use a usb based OS like tails, make an address, write down the 24 words or memorize them.

sillysaurusx 4y ago
Ah yes, tails, the most user friendly and accessible of all OS’es. :) I think you’re right that it’s still simple, but what’s lacking is a “follow these exact steps” guide. People don’t want to think too much about it, they just want to throw money at crypto. Something like: 1. Buy X hardware wallet 2. Open account at X bank, store seed phrase in the vault. If your house burns down, your money is safe. 3. Here’s exactly how to use the hardware wallet for all common operations. Do this (and nothing else), and your money is safe. If it was wrapped up in a nice package with a pretty red bow on it, people would buy into it. But I’d say I’m more crypto-inclined than most tech people, yet I’m still nervous. I was already burned by Gox and not eager to repeat that, so Coinbase is out. Which leaves hardware wallets, which I know nothing about.
- carewell 4y ago
  I have a hardware wallet and to be honest I am more paranoid about it than about my Coinbase account.
  - MrMan 4y ago
    this is a proper risk assessment
- robcohen 4y ago
  You do know that hardware wallets come with instructions, right?
diab0lic 4y ago
I can’t tell if you’re serious or sarcastic but there’s no way my mother or father would be able to do this. My wife could but would but would find it annoying enough to feign ignorance and make me do it if I told her it had to be done. I’ve got crypto enthusiast friends who refuse to use hardware wallets because of the inconvenience.
bb88 4y ago
Simpler than opening a fiat wallet and pulling out an Andrew Jackson to pay anonymously for my burrito? Because that's what you're competing with.
carewell 4y ago
I appreciate your sense of humor. Setting up a Linux distro on a USB dongle and memorizing 24 words is definitely the most user friendly crypto wallet solution I have heard about.
Vanit 4y ago
If this is a requirement of crypto it will never be anything but a speculation vehicle.

This is dead simple for anyone who does the research even without a hardware wallet. Use a usb based OS like tails, make an address, write down the 24 words or memorize them.

sillysaurusx 4y ago

Ah yes, tails, the most user friendly and accessible of all OS’es. :) I think you’re right that it’s still simple, but what’s lacking is a “follow these exact steps” guide. People don’t want to think too much about it, they just want to throw money at crypto. Something like: 1. Buy X hardware wallet 2. Open account at X bank, store seed phrase in the vault. If your house burns down, your money is safe. 3. Here’s exactly how to use the hardware wallet for all common operations. Do this (and nothing else), and your money is safe. If it was wrapped up in a nice package with a pretty red bow on it, people would buy into it. But I’d say I’m more crypto-inclined than most tech people, yet I’m still nervous. I was already burned by Gox and not eager to repeat that, so Coinbase is out. Which leaves hardware wallets, which I know nothing about.

carewell 4y ago
I have a hardware wallet and to be honest I am more paranoid about it than about my Coinbase account.
- MrMan 4y ago
  this is a proper risk assessment
robcohen 4y ago
You do know that hardware wallets come with instructions, right?

diab0lic 4y ago

I can’t tell if you’re serious or sarcastic but there’s no way my mother or father would be able to do this. My wife could but would but would find it annoying enough to feign ignorance and make me do it if I told her it had to be done. I’ve got crypto enthusiast friends who refuse to use hardware wallets because of the inconvenience.

bb88 4y ago

Simpler than opening a fiat wallet and pulling out an Andrew Jackson to pay anonymously for my burrito? Because that's what you're competing with.

carewell 4y ago

I appreciate your sense of humor. Setting up a Linux distro on a USB dongle and memorizing 24 words is definitely the most user friendly crypto wallet solution I have heard about.

Vanit 4y ago

If this is a requirement of crypto it will never be anything but a speculation vehicle.