Metal plate where you engrave your seed phrase

The idea is good (and old), but have you ever tried to engrave something on metal? Not as easy as it might seem.

CEO said:

How it works.

yoseyomo.com/en/pages/get-started

Smart, bust still the engraving (or better in this case, punching) process is a pain in the ass, especially on titanium.
A better idea is to buy a laser engraver from Amazon and use your own surface.

CEO said:

This is a good idea to sell but don't engrave the plain text, the concept yoseyomo brought is preferred.

It’s a nice concept, but will you or your heirs know how to decipher it in some years?

your seed backups should be easy to destroy - it's a feature not a bug - paper or any seemingly weak solution is actually the ideal one as the security of the solution is not achieved via durability

any seed backup is extremely dangerous if it represents the private key on it's own - you need multisig or shamir chunks and/or passphrase

these metal toys are fancy but hassle when it comes to engraving the seed and a nightmare when you need to get rid of it

void said:

your seed backups should be easy to destroy

But still durable enough. There are special kind of papers that are water and crease resistant. You can write on them with waterproof ink and you will be quite safe.

void said:

- it's a feature not a bug -

MS has too much influence 🙄

void said:

paper or any seemingly weak solution is actually the ideal one as the security of the solution is not achieved via durability

The real risks are theft and accidental loss.

void said:

any seed backup is extremely dangerous if it represents the private key on it's own - you need multisig or shamir chunks and/or passphrase

trezor.io/learn/advanced/standards-proposals…hamir-backup

void said:

these metal toys are fancy but hassle when it comes to engraving the seed and a nightmare when you need to get rid of it

And they really attract attention.

JohnnyDoe said:

MS has too much influence 🙄

does MS stand for Microsoft or MicroStrategy here? :)
either way this expression is used in IT sector for at least 30 years, still kind of cool....

void said:

does MS stand for Microsoft or MicroStrategy here? :)

Michael Saylor, the Meme Salesman.

void said:

either way this expression is used in IT sector for at least 30 years, still kind of cool....

He is abusing of it. Go explain to STRC shareholders how cool the volatility feature is.

Out of curiosity, how does he keep all his btc safe?

JohnnyDoe said:

Michael Saylor, the Meme Salesman.

He is abusing of it.

it's (over)used by many tech-background guys but he is the most visible one recently

JohnnyDoe said:

Go explain to STRC shareholders how cool the volatility feature is.

why am I pushed to advocate here? ;)
it's supposed to be less volatile than bitcoin in exchange for diminished yield... that's what it does... unless you choose to look at the worst period of time to prove otherwise - which is exactly what people tend to do to prove their point when it comes to all the assets

JohnnyDoe said:

Out of curiosity, how does he keep all his btc safe?

it was disclosed many times that they (allegedly) use number of corporate custodians (Coinbase was the only publicly mentioned as far as I remember) in a multisig scheme

some believe Strategy doesn't even own as much BTC as they declare - I'm not one of them