Anyone using hardware wallets?

Since I've been in crypto in 2011 nearly every major top exchange has collapsed...MTGox...Cryptsy...Mint something i forget the name, poloniex has some weird shit and locking people out, Bittrex taken over maybe, BTER hacked......My point is there hasn't been a major exchange hack for a few years now and probably we are due one soon.

there were several hacks recently, but in south korea

>I fail to see how these are anything other than over priced usb drives
This is a BAIT thread, this exact phase has been said before on the subject by a OP...No one is dumb enough to think this

FYI all your coins are stored on the hardware wallet! Don't lose it or you lose all your coins!

reminder this is a bait /thread

>FYI all your coins are stored on the hardware wallet! Don't lose it or you lose all your coins!
And this is a bait reply.

there was a pretty major one in japan i think. something like $200 million

hardware wallets are just overpriced usb sticks

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Well they fucking are and none of you explained why not
How is it different from creating a veracrypt drive and storing it in a usb drive?

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Hardware wallets are for the retarded who don‘t know how else to keep their keys safe.
For the normie fucks that don‘t own multiple Linux machines.

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>not flashing the BIOS of a Lenovo Thinkpad t4000
>not using libreboot or voidlinux
>not doing the whole process in a faraday cage
>not having several boomboxes screaming metal to keep the cpu whine from leaking
>not holding a lighter up to the cpu while you key pairs are generating for extra entropy
>not engraving 3/4ths of the priv key on titanium plates to be hidden and memorizing the last 1/4

sorry bud, your coins are as good as gone. Shouldn't have bought an overpriced usb stick.

Bitfinex with its socialised loss, the Nem 500m hack in Asia, Bitgrail for me personally

Based and redpilled

>he doesn't access his funds solely from his submarine, in international waters, underneath at least a league of water, in the dead of night

good luck buddy, I know the first three numbers.

It stores private keys dumbass

This

>larp more
You mean lurk don't you?

Lost a bunch of coins in the bter hack myself. Safest bet is to run a full node and keep your crypto yourself. Coinbase has never lost anyone's coin to my knowledge.

You are right of course. Veracrypt is too complex for normies. I don't even go that far. I store my wallets on thumb drives and use 7zip to make an encrypted archive then just copy that file to other thumb drives as backups in case one gets destroyed or i lose it.

Because then your computer still has direct access to the private keys when you open it, and any virus or trojan on it can steal them.

With a hardware wallet the keys are completely inaccessible in a separate chip within the wallet that isn't even directly connected to the USB. No way to access them from outside.

2 hardware wallets & key on stainless steel plate. Also have key memorised
Hey newfag, the difference is the hardware wallets are stand alone with the usb drive you would have to have the apps on the computer to access the wallet. They are also secure, I personally don't trust myself to set up a Linux box for this even though i do use Linux. Look OP if you have to ask these q's you are to dumb to set up a linux box...fuck a bit ago some tard user could not figure out how to use his HW....Just buy one ffs

Ledger - closed source but hodls shitcoins
trezor - open source + passphase instead of numbers in addition to the 24 seed key.

I have both, prefer the trezor...i trust them more also.

Get one if you care about your financial future

>having viruses on your machine in 1997+21
>somehow not a problem for your bank account or email account to which you have half of your digital life connected
7 figures worth of crypto and it's all stored in plain text in a folder named CRYPTOCURRENCY
come at me bro
but yeah, if you're a wagecuck with no networth save for crypto and really can't stay away from blacked porn and torrenting anime from russian websites, a hardware wallet isn't the worst choice

>not using a hw wallet to lock in your btc price
No wonder, this board is full of pink wojacks

This is why my bank account and email have 2FA.

>>somehow not a problem for your bank account or email account
The bank can just revert any illegal transactions and no one is incentivized to hack my social media - what the fuck do they have to gain from it?

No it doesn't you ass hat put an ass as your hat

lmao i got my private keys stored on my laptop in a word doc
feeling safe

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Because hardware wallets self sign transactions with your keys directly on the stick, your private keys never ever see your computer.

If you had a USB stick that had encrypted keys, you unencrypt them and paste them into MEW and then your tokens are gone.

all hardware is compromised. paper wallet master race

You fail to see because you don't understand what you're talking about, you literal brainlet.

>how is a dishwasher any different than washing each and every dish by hand?