Burner

Finance and crypto

crypto hardware wallet

SHOW HN2024

49points
37comments
#1,307of 3,515 in 2024
Top 38%of 2024 by points

How HN took it

DebatedReal support and real criticism

5 positive, 7 neutral or asking, 0 mixed, 7 critical, out of 19 comments about the project. Thread score -0.03.

Idea: 1 for, 5 againstExecution: 2 for, 2 againstPricing: 1 for, 0 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Easier, cheaper way to manage crypto

    From 1 comment
    • Spent more than 4x as much on my Ledger, and it's far from perfect and def not ideal for gifting crypto. I'm personally supportive of any company/product that wants to make…
      rdyplayerB on HN
  • Cool execution of a long-floating idea

    From 1 comment
    • This is a really cool execution of an idea that's been floating out there a while. Next you just need a bitcoin one in the shape of a coin!
      pants2 on HN

Objections

  • Stablecoin is unnecessary; ETH can be gifted directly

    From 2 comments
    • > Put another way, if I gift you a Ledger with USDC today, you as a possible crypto newbie need to work out how to get ETH to move that USDC. Or I could just gift them ETH…
      KomoD on HN
    • You can just gift ETH. And good news, as a stablecoin backed by dollars USD II is pegged to the dollar so no “pumping” or “dumping”.
      ccamrobertson on HN
  • Stablecoin trust and reserve concerns

    From 2 comments
    • 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…
      thereddevil on HN
    • Why would a crypto security firm be incentivized to tell people there is LESS crime? They want to sell MORE services for hunting down criminals. They are the de facto FBI…
      cadillion on HN
  • Could be used for scams like gift cards

    From 1 comment
    • 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…
      throwaway314155 on HN
  • Key custody and seed phrase concerns

    From 1 comment
    • You avoid a seed phrase, but how? I thought it was "not your keys not your coin". My understanding is someone who wants secure crypto needs to cryptographically safely generate a…
      usbsea on HN

Requests

  • Solana variant

    From 1 comment
    • Looks interesting, would suggest going with Solana over Ethereum though, especially in 2024.
      ktothe on HN
  • Fee information for gifts

    From 1 comment
    • What’s in it for you? Are there fees involved for the end user to send a gift? If so, how much is it?
      throwawayaghas1 on HN
  • Fix uBlock Origin page rendering

    From 2 comments
    • 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.
      not_your_vase on HN
    • Same here.
      KomoD on HN

Questions

  • How is the seed phrase avoided

    From 1 comment
    • You avoid a seed phrase, but how? I thought it was "not your keys not your coin". My understanding is someone who wants secure crypto needs to cryptographically safely generate a…
      usbsea on HN
  • What happens to funds if the site dies

    From 1 comment
  • Where recipients can spend USD II

    From 1 comment
    • Gifting dollars on gift cards today is only supported by 99.9% of retailers. How many retailers accept USD II?
      cnowacek on HN

Alternatives named

  • Ledger hardware wallet

    From 1 comment
    • Spent more than 4x as much on my Ledger, and it's far from perfect and def not ideal for gifting crypto. I'm personally supportive of any company/product that wants to make…
      rdyplayerB on HN
  • Paper wallets

    From 1 comment
  • Cash or gift cards

    From 1 comment

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

Add a badge to your READMEShown on HackerShow
[![Shown on HackerShow](https://hackershow.org/badge.svg)](https://hackershow.org/show/42127787)