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So most crypto users should: 1. Sign up for Coinbase (where you give your driver's license + bank account ACH and get validated as a legit US citizen or whatev
by MuffinFlavored 4y ago
So most crypto users should:
1. Sign up for Coinbase (where you give your driver's license + bank account ACH and get validated as a legit US citizen or whatever)
2. Transfer USD into Coinbase
3. Purchase BTC with that USD
4. Transfer that BTC from Coinbase to a $80 Trezor Model One wallet from Amazon?
- DJBunnies 4y agoFrom Trezor directly.
- MuffinFlavored 4y agohttps://trezor.io/trezor-model-one https://trezor.io/trezor-model-one $70 Got it. Thanks.
- Bootvis 4y agoNot just to save $10 but also to have a smaller chance of someone (e.g. an Amazon affiliate) tampering with your device.
- mancerayder 4y ago5. Make sure you didn't forget the pin to your Ledger wallet and you still have your magic words printed somewhere or in the Keepass file you haven't unlocked -- all in several years. Coinbase is lower risk here. There are more things that can go wrong in process or memory than the above than Coinbase going belly up or getting fully hacked.
- daniel-levin 4y agoCoinbase unironically suggests using PKI to protect oneself. It’s unbelievable self-satire. https://www.coinbase.com/blog/celer-bridge-incident-analysis https://www.coinbase.com/blog/celer-bridge-incident-analysis
- _zllx 4y agoIt looks like this is about protecting your "web3" web application, not your individual self. In that context it's probably fine advice.