Episode notes
Coinkite CEO Rodolfo Novak talks about the unique design of the Coldcard wallet and the device's uncompromising approach to security.
5:25 – Why use a hardware wallet?
6:33 – A lot of people have lost their bitcoins in the early days
7:45 – Building your own Coldcard
9:08 – Why is the Coldcard special?
12:10 – What is great about the Trezor?
12:25 – The problem with Trezor
12:43 – Why is the Ledger interesting?
13:00 – What keeps the Ledger from being great?
13:08 – The pros and cons of the KeepKey
13:30 – What is nice about the Cobo?
14:45 – On Slush’s criticism of physical security
16:14 – Whe massive spectrum of secure elements
21:15 – Can airport security hack your hardware wallet?
24:05 – Ledger article “Not All Chips Are Born Equal” and the definition of security element chips
27:10 – Is going Bitcoin-only more secure and profitable?
30:13 – Why altcoiners don’t care much about security
32:17 – Different types of bitcoiners have different kinds of security expectations
34:45 – Can hardware wallet manufacturers keep track of the devices they sell to dox you or steal your coins?
37:16 – User interface wallets that potentially track you
39:30 – Is a KeepKey that you run via Electrum as secure as a Trezor?
40:10 – Is PSBT really safe?
45:03 – Can you check your balance on a Coldcard?
46:50 – Coldcard’s opsec
49:00 – Does Coinkite store any data about customers to link the serial number with the invoice?
50:28 – Coinkite’s merchant processor is proprietary
51:17 – Rolling the dice for more randomness during seed phrase generation
53:11 – What is CK Bunker?
55:05 – Shamir Backup on Coldcard?
56:12 – What is next for the Coldcard?
58:42 – Is it safe to never upgrade your Coldcard and keep it as cold storage?
1:00:56 – Secure elements designed for Bitcoin
1:01:30 – Is the Coldcard comparable with a dedicated general-purpose computer?
5:25 – Why use a hardware wallet?
6:33 – A lot of people have lost their bitcoins in the early days
7:45 – Building your own Coldcard
9:08 – Why is the Coldcard special?
12:10 – What is great about the Trezor?
12:25 – The problem with Trezor
12:43 – Why is the Ledger interesting?
13:00 – What keeps the Ledger from being great?
13:08 – The pros and cons of the KeepKey
13:30 – What is nice about the Cobo?
14:45 – On Slush’s criticism of physical security
16:14 – Whe massive spectrum of secure elements
21:15 – Can airport security hack your hardware wallet?
24:05 – Ledger article “Not All Chips Are Born Equal” and the definition of security element chips
27:10 – Is going Bitcoin-only more secure and profitable?
30:13 – Why altcoiners don’t care much about security
32:17 – Different types of bitcoiners have different kinds of security expectations
34:45 – Can hardware wallet manufacturers keep track of the devices they sell to dox you or steal your coins?
37:16 – User interface wallets that potentially track you
39:30 – Is a KeepKey that you run via Electrum as secure as a Trezor?
40:10 – Is PSBT really safe?
45:03 – Can you check your balance on a Coldcard?
46:50 – Coldcard’s opsec
49:00 – Does Coinkite store any data about customers to link the serial number with the invoice?
50:28 – Coinkite’s merchant processor is proprietary
51:17 – Rolling the dice for more randomness during seed phrase generation
53:11 – What is CK Bunker?
55:05 – Shamir Backup on Coldcard?
56:12 – What is next for the Coldcard?
58:42 – Is it safe to never upgrade your Coldcard and keep it as cold storage?
1:00:56 – Secure elements designed for Bitcoin
1:01:30 – Is the Coldcard comparable with a dedicated general-purpose computer?
