ShiShi21m on Nostr: Hardware Wallets do not protect your Bitcoins. The hardware doesn't make your ...

Hardware Wallets do not protect your Bitcoins.

The hardware doesn't make your Bitcoins safer.

The software isnt running overly complicated code.

The only thing protecting your Bitcoins is the entropy & randomness generated using the Bip39 standard.

Only reason we use Hardware Wallets is to use our Bip39 derived seeds without exposing it to threats easily avoided by never allowing an Internet connected device to touch your seed.

quoting
nevent1q…u08q

Bitcoin Custody 101:

-> Print Bip39 WordList

-> Cut into individual pieces

-> Mix in bowl/jar

-> Select one word at random & write it down

-> Put it back, mix it up again, & select another

-> Write the second word down under the first word

-> Repeat until you have 23 words

-> Label them 1-23, the order matters

-> Turn on your SeedSigner & get to "Calc 12/24th word"

-> Enter each of the 23 words in the order you wrote them down

-> Write down the 24th word

-> Voila, you have discovered a new Bitcoin wallet 🫡🫂