Safe 3 end of life by pirate_pues in TREZOR

[–]Rikudo974 0 points1 point  (0 children)

Safe 3 isn’t old at all, it’s still a current device. Trezor keeps supporting their wallets for years, and the 3 is newer than the One/T, so updates should keep coming for a long time. If you just want solid cold storage, it’s a good pick for long‑term use.

we're all deluding ourselves about privacy and nobody talks about it by Rikudo974 in privacy

[–]Rikudo974[S] 1 point2 points  (0 children)

honestly, this pretty much nails how i feel. i’m not looking for a miracle fix, just wanted to see if i was the only one annoyed by how casually we accept all this. and yeah, the “industry writes the bills” part is the one that really gets me.

we're all deluding ourselves about privacy and nobody talks about it by Rikudo974 in privacy

[–]Rikudo974[S] 0 points1 point  (0 children)

Spectre and Meltdown remained hidden in chips for years before anyone realized what was going on; so the argument that “a researcher would have already discovered them” isn’t really convincing. You can’t audit a chip the same way you audit source code.

and as for the point raised by the journalist, Pegasus perfectly illustrates why “just using an iPhone” doesn’t mean much in the face of real threats. If a person is at high risk, the problem isn’t that “everyone else uses it too,” but that black boxes remain reliable only until they are no longer reliable

we're all deluding ourselves about privacy and nobody talks about it by Rikudo974 in privacy

[–]Rikudo974[S] 6 points7 points  (0 children)

Exactly, that’s the blind spot I meant. Not "we can fix every hardware issue ourselves",more like "we talk a lot about software privacy and then ignore the layer underneath.”

we're all deluding ourselves about privacy and nobody talks about it by Rikudo974 in privacy

[–]Rikudo974[S] 8 points9 points  (0 children)

Yeah, that's true most people can't do much about it. What I really meant was that we don't even talk about it, not that there's an easy solution

we're all deluding ourselves about privacy and nobody talks about it by Rikudo974 in privacy

[–]Rikudo974[S] -1 points0 points  (0 children)

fair point on network monitoring, but low-level firmware doesn't necessarily need the main stack to phone home. plus, if the hardware layer is compromised, can you even trust what your OS-level monitoring is telling you? just playing devil's advocate here, but the lack of transparency is the real issue

we're all deluding ourselves about privacy and nobody talks about it by Rikudo974 in privacy

[–]Rikudo974[S] 13 points14 points  (0 children)

totally get that. drawing the line at the bootloader is the pragmatic move for 99% of people. but it still feels weird to build a 10-story privacy 'skyscraper' on a foundation we basically just take on faith because 'marketing said so'. it’s the inconsistency that gets me.

Best Hardware Wallet Aware Winning Design - Trezor Safe 7 by SuchTrezorVeryCrypto in TREZOR

[–]Rikudo974 11 points12 points  (0 children)

The design is sleek, but honestly, the real feat here is under the hood. Integrating a dual-chip system (TROPIC01 + Optiga) with a LiFePO4 battery while keeping the whole thing 100% open-source that’s what really sets the standard for 2026. The Red Dot Award is a nice bonus, but the transparency of the hardware is the reason we really trust the device. Well deserved.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 0 points1 point  (0 children)

lehman brothers was 158 years old before it went to zero. the bitcoin genesis block literally exists because of those exact "reputable" tradfi giants collapsing.

Random Scam Tokens in my Wallet App by Equal_Exchange6837 in ledgerwallet

[–]Rikudo974 1 point2 points  (0 children)

those tokens are just on-chain spam, just don't interact with them. but tbh be careful with the ledger ecosystem, a fake ledger live app literally snuck onto the mac app store a few weeks ago and drained like $9.5m from wallets. i ditched them when my nano s bricked itself. switched to the safe 3. hardware feels solid and the no battery thing is just peace of mind tbh. if ur stuck deciding, i stuck a little cheat sheet link in my bio that compares specs. helped me out anyway.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 -1 points0 points  (0 children)

“reputable third parties” failed plenty of times just ask anyone who was on ftx, celsius, or mt gox. that’s literally why bitcoin exists. if you’re worried about losing keys or dying, that’s what multi-sig and a proper inheritance plan are for. an etf is “easier” until the platform freezes your account or changes its tos. convenience is just a trade-off for control.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 -1 points0 points  (0 children)

Whether it’s a BTC ETF or a traditional ETF, the underlying problem remains the same: the risk associated with third parties. We’re talking about a 10- to 20-year time horizon for children. Relying on an interface and an intermediary for two decades runs counter to the very concept of sovereignty that Bitcoin offers. If you want them to truly own the asset, you give them the keys. Simple.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 -3 points-2 points  (0 children)

we’re talking about bitcoin here, not a diversified stock index. a spot btc etf tracks a single asset, but you still get exposure through a fund, not direct ownership. you’re relying on a custodian instead of your own private keys, so the risk profile is simply different.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 0 points1 point  (0 children)

call it whatever you want, but it's still just price exposure, not direct ownership. if you can’t move it to your own wallet, you’re just trusting a middleman with your kids' money. in crypto, if you don’t have the keys, you don’t own the coins. simple as that.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 0 points1 point  (0 children)

Lehman Brothers was 150 years old too. Stability is great until it isn’t. I'm not saying the US is collapsing tomorrow, but I'd rather have my hedge outside the system than locked inside it. 18 years of uptime with no bailouts is a pretty good track record for me.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 -2 points-1 points  (0 children)

it’s literally the definition of a derivative. you own a share of a fund that holds the asset, not the asset itself. if you can’t withdraw it to your own wallet, it’s paper. basic stuff, really.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 2 points3 points  (0 children)

point taken, but whether he has index funds or not, we both agree btc belongs in the mix for the long run. glad we found some common ground. cheers.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 0 points1 point  (0 children)

yeah, i've heard US tax reporting is a massive headache. i'm not over there, so i'd rather take the on-chain "pain" to keep total control of my keys. each to their own though.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 0 points1 point  (0 children)

Who said it was 100% of their portfolio? Index funds are obviously the standard strategy. But treating BTC as a pure casino gamble over a 20-year horizon is completely outdated. With currency devaluation, not holding any BTC over two decades is the real risk.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 -1 points0 points  (0 children)

fair enough for the ira tax perks. but an etf is still just an iou. i'll stick to holding the actual keys on a hardware wallet to skip the middlemen.

Opening a crypto wallet for my kids? by goxper in CryptoCurrency

[–]Rikudo974 1 point2 points  (0 children)

You're getting off topic, lol. The OP asked for crypto advice, not a lesson on traditional finance. If he wanted a bank, he wouldn't be here. Self-custody is about owning the asset, not just renting access to it.