The real question is: why he is not using an Hardware Wallet? A ledger wallet is cheap enough if you get worried about your BTC being in an unsafe device. Yes, then you have to trust the company selling it for you, but isn't that the whole business to not compromise their own devices?
Even if he would have somebody would mention, 'yeah but if you did not make the hardware yourself, you dont own your BTC' I guess at least :)
If you don't own your OS, you don't own your BTC
31–40 of 64 posts
Re: If you don't own your OS, you don't own your BTC
#32[1] There is a secondary point that employees within OSCorp cannot be trusted to not access your data.
Re: If you don't own your OS, you don't own your BTC
#33This guy is a downright idiot if he thinks that he has any more control over his keys on desktop Linux without actually auditing all the source code himself. The idea that ElementaryOS is less likely to steal your coins than Windows or OS X is simply laughable.
That is, Windows is a target that's an order of magnitude bigger - of course there will be more attacks.
The kernel is auditable...maybe, possibly, theoretically, to a point - but what good is a kernel, when there's unauditable firmware between the OS and the hardware?
Re: If you don't own your OS, you don't own your BTC
#34For those interested in BTC security, the best you can do IMO is glacier protocol (which I'm surprised isn't mentioned in this article) https://glacierprotocol.org/
ColdCard wallets are also an excellent choice, even better when used as a part of a multisig setup with your desktop, more cold cards, or another hardware wallet.
Multisig across multiple hw wallets / computers (2/3 at least) is the best solution to self custody IMO. Single sig is SPOFfy.
Re: If you don't own your OS, you don't own your BTC
#35I am torn on this article. If I read it through my developer lens, I’m not impressed - this cranks up the paranoia to a near useless level and the panacea offered is really a false hope. But, when I look at it through a more compassionate lens, I worry about this individual’s health. Hey writer, if you’re reading this and you need someone to talk to, my email is on my profile. Have a happy 2020.
To me, your offer of "help" reads like a thinly disguised attack / insult. I guess we all know about the "humblebrag", this is "backhanded empathy". Or something. The author is not saying anything that is not true. Given everything that happened and was disclosed in the past decade, I don't think one has to be paranoid to be deeply suspicious of black box software controlled by big tech.
Re: If you don't own your OS, you don't own your BTC
#361) "... am sure you entered the password into some input field, which means that you have handed your password over to your Operating System" ... 2) "The easiest way to get started is to install Linux in a Virtual Machine and get yourself familiar with the system." Therefore, enter your password into an input field, in a virtual machine inside your proprietary Operating System key logging you?
Re: If you don't own your OS, you don't own your BTC
#37I am torn on this article. If I read it through my developer lens, I’m not impressed - this cranks up the paranoia to a near useless level and the panacea offered is really a false hope. But, when I look at it through a more compassionate lens, I worry about this individual’s health. Hey writer, if you’re reading this and you need someone to talk to, my email is on my profile. Have a happy 2020.
To me, your offer of "help" reads like a thinly disguised attack / insult. I guess we all know about the "humblebrag", this is "backhanded empathy". Or something. The author is not saying anything that is not true. Given everything that happened and was disclosed in the past decade, I don't think one has to be paranoid to be deeply suspicious of black box software controlled by big tech.
> If Microsoft decides to terminate your license, what happens to your Bitcoin?
Your Bitcoin is represented by some kind of data stored on your computer I assume. So this data should be backed up, right? So the anwser is that you would access the bit coins from some device which you have a license to use?
If my understanding is right then I would consider the quoted statement to be a bit FUD:y.
Re: If you don't own your OS, you don't own your BTC
#38I am torn on this article. If I read it through my developer lens, I’m not impressed - this cranks up the paranoia to a near useless level and the panacea offered is really a false hope. But, when I look at it through a more compassionate lens, I worry about this individual’s health. Hey writer, if you’re reading this and you need someone to talk to, my email is on my profile. Have a happy 2020.
Re: If you don't own your OS, you don't own your BTC
#39Mass adoption any day now.
Re: If you don't own your OS, you don't own your BTC
#40Earlier quoted context omitted.
You're discounting the risk that, because it's open source, everyone assumes that someone else has done the security analysis. That is precisely what happened with OpenSSL--everyone assumed, since it's a big open source package, that somebody was keeping on top of this sort of issue, but nobody was. That there have been two major OpenSSL security fumbles (first was the Debian OpenSSL fiasco, second Heartbleed) sort o…
How's that different to MS Windows, we assume the code is good, but some of the errors/oversights that crop up beggar belief.