Bitcoin Forum
June 23, 2024, 01:59:16 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Economics / Re: At last, Twitter wins the battle!! on: October 06, 2022, 01:47:08 AM
Reminds me of the time Elon said if the UN World Food Programme gave him a plan for how they could spend it, he'd give them $6 billion USD.
They called his bluff, and presented him with a plan.
He never paid up.
Luckily, this time, Twitter brought in the lawyers to get him to put up or shut up.

https://www.abc10.com/article/news/verify/business-verify/elon-musk-indicated-2021-to-donate-6-billion-to-fighting-solving-world-hunger-if-un-met-conditions/536-cad0e59e-775d-4c3d-a309-b3ef93379a71
2  Bitcoin / Bitcoin Discussion / Re: which btc address generated do yall use ? on: October 06, 2022, 01:39:48 AM
What do yall think about Bitaddress.org ?

I haven't heard much about it, but I wouldn't trust it too much (if at all) because it's online.
All it would take is for the domain to be hijacked and then bitaddress.org could redirect to a phishing clone or just a different version that logs your public and private keys and then if you put anything in that wallet, they could take it with no recourse.
Electrum is a much better (and safer) option in my opinion.
If you're paranoid (like you should be), run it on an airgapped PC only used for that purpose.
Some old laptop or PC should do if you wipe it, put something like Ubuntu on it, download Electrum (and verify the PGP sigs), then install it on there.
That PC should never ever be allowed on the internet, and don't connect it in any way to any other PC other than to get Electrum on there/update Electrum.

(Not to mention that bitaddress.org doesn't give you a mnemonic backup phrase...)
3  Bitcoin / Wallet software / Best cold wallet for BTC storage? on: October 06, 2022, 01:31:06 AM
Hi, I'm kinda new to this whole Bitcoin thing, but I heard it was big and wanted in, so I signed up for Coinbase and bought about $1500 worth.
Then I was reading up and read that I shouldn't store my coins on exchanges because if they're hacked you could lose everything.
I heard that hardware wallets are the way to prevent that... but what would be the best one?
All I really need is for it to be functional and have Bitcoin support.
I heard that Trezor or Ledger hardware wallets are pretty good... but what do you guys think?
Thanks!

--
Sam Jennings
Investment Banker at Chase
sam9@mailfence.com
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!