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Show HN: Burner – A low cost wallet to gift crypto

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Show HN: Burner – A low cost wallet to gift crypto

#1

Post by ccamrobertson »

Hi HN! I’m one of the creators of Burner, a low cost Ethereum hardware wallet designed for gifting. After creating various forms of crypto “cash” (https://kong.cash/, https://offline.cash/) we learned that gifting cryptocurrencies was consistently one of the biggest challenges for holders and enthusiasts.

Burner looks and feels like a colorful gift card, but under the hood it incorporates a secure element chip. You can access its wallet with just an NFC tap, and it works entirely through our (soon to be) open source web app.

There is a lot more to share, like USD II (created by https://www.bridge.xyz/), a stablecoin that we designed to work with Burner without gas, but for now we’re excited to push Burner out the door and start getting feedback from users.

Show HN: Burner – A low cost wallet to gift crypto
burner.pro

Re: Show HN: Burner – A low cost wallet to gift crypto

#3

Post by ccamrobertson »

not_your_vase wrote: post #2

Half offtopic note, but maybe you want to know: uBlock origin seems to have a beef with your site - by default it applies enough filters that only a brown background remains.

Hmm, thanks for the report. I use uBlock origin as well but I might have it in some more permissive state...

Re: Show HN: Burner – A low cost wallet to gift crypto

#5

Post by thebiglebrewski »

Interesting...the name of this makes it sound like criminals will be using it to transfer cash around the world, like with gift cards?

Genuinely I'm curious, is there really a big market around gifting crypto, or is that market just sort of a front for criminal activity like why some retailers see a spike in gift card sales?

Re: Show HN: Burner – A low cost wallet to gift crypto

#8

Post by throwaway314155 »

Bold of you to "Show HN:" a crypto project. As best I can tell, this will be use for all the things scam gift cards are typically used for now but more (because now crypto is involved somehow). Your 'stable-coin' doesn't inspire confidence either. Why can't I just gift someone some BTC or ETH? The only reason to include a coin of your own is for a pump and dump.

Really though, this stuff all sounds quite technically difficult. It's surprising to me that people still work on these projects considering it's rather dense subject matter (fin-tech) _and_ it hasn't really proven to be useful for very much in the West.

Re: Show HN: Burner – A low cost wallet to gift crypto

#9

Post by cadillion »

Man, looking at the comments it's crazy to me that hn's knowledge of a $3T industry hasn't evolved at all in 7 years. For those not in the know, Bridge, the stablecoin partner here, was just purchased by Stripe for $1.1B because they see future cost savings from using stablecoins for global remittances and forex.

https://fortune.com/crypto/2024/10/22/stripe-announces-1-1-b...

It's cool to have some skepticism, but update your beliefs. Scams and illicit transactions in crypto are actually smaller by proportion in all crypto than in USD or other fiat currencies at .3% last year.

https://www.chainalysis.com/blog/2024-crypto-crime-report-in...

This looks like just a secure enclave that you can deposit any crypto onto, so whether you trust the manufacturer of your smart card or credit card or not is up to you. Seems like there are easier ways to run a crypto scam, imo

Re: Show HN: Burner – A low cost wallet to gift crypto

#10

Post by thereddevil »

cadillion wrote: post #9

Man, looking at the comments it's crazy to me that hn's knowledge of a $3T industry hasn't evolved at all in 7 years. For those not in the know, Bridge, the stablecoin partner here, was just purchased by Stripe for $1.1B because they see future cost savings from using stablecoins for global remittances and forex. https://fortune.com/crypto/2024/10/22/stripe-announces-1-1-b... It's cool to have some skepticism, but up…

A crypto security firm says that crypto is safer now and we are all supposed to believe it?

Also stablecoins like USDT which is supposed to be backed with USD but has never had an external auditor look at its books are somehow the solution here?

There is a reason crypto is looked at skeptically.

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