[bena]

If your debit card was in a safe deposit box, it would have been just as safe.

And yeah, cryptosteel. What's the difference between that and a post-it? It seems like pretty much a really small movable type. Their site reads like a Franklin Mint commercial.

If bitcoin becomes currency like you hope, you're going to run into the same problems, security versus convenience.

[freejulian]

> If your debit card was in a safe deposit box, it would have been just as safe.

Um, no. When I spend bitcoin, I'm not exposing myself to the risk of someone having complete access to my account. When I use a debit card I am. Huge difference.

> What's the difference between that and a post-it?

Post it notes burn. Also, cryptosteel is only for the security words. It still won't give access to my wallet's private key.

> If bitcoin becomes currency like you hope, you're going to run into the same problems, security versus convenience

First, it already is a currency. Second, the security model of bitcoin is infinitely better than that of a bank.

[bena]

So, it's not spent from your wallet?

So it's a post-it that won't burn.

And if it doesn't give access to your wallet, how does it protect your wallet? If it can be used to gain access to your wallet, then how is writing it down safe?

[freejulian]

> So, it's not spent from your wallet?

Huh? I think this comment shows you don't know what a hardware wallet is. When I spend bitcoin, I spend it using my hardware wallet.

> If it can be used to gain access to your wallet, then how is writing it down safe?

You need a passphrase along with the security words to figure out the private key. Passphrase = something long that I can easily remember.