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Comment by amadeuspagel | Hacker News Reader

> The irony here is Luke being a dev probably made it easier for him to be complacent. His security setup was frankly a lot worse than what most plebs seem to use.

> The standard advice of buy a Trezor and write down your seed on paper is much better than a Gentoo hot wallet.

https://twitter.com/peterktodd/status/1609667983298658304

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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 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?

Coinbase unironically suggests using PKI to protect oneself. It’s unbelievable self-satire.

https://www.coinbase.com/blog/celer-bridge-incident-analysis

It looks like this is about protecting your "web3" web application, not your individual self. In that context it's probably fine advice.

5. 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.

From Trezor directly.

https://trezor.io/trezor-model-one

$70

Got it. Thanks.

Not just to save $10 but also to have a smaller chance of someone (e.g. an Amazon affiliate) tampering with your device.

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