Notes on the Bitkey: - Easiest setup experience of any wallet I've used - Hardware feels really solid, nice build quality - 2/3 multisig with no seed phrase - Mobile app and server key can authorise small transactions (dollar amount is user configurable) - Mobile app and hardware device is required to authorise larger transactions - Email is required during setup to facilitate recovery if mobile phone / hardware device is lost - Phone number is optional (from memory) - Can integrate Cash App / Coinbase for direct purchases to the wallet - Block can see your transaction data The app / hardware device is still in beta, however the simplicity of the setup process is near perfect. While most of us will still prefer a Coldcard, Passport or Jade, those devices aren't for everyone. I suspect Block will advertise via Cash App and sell a ridiculous amount of these devices, which is great for self-custody but comes at the expense of privacy. Most importantly, this is not a wallet for your KYC-free corn. image

Replies (8)

More notes on the Bitkey: - Can connect the phone app to your own node using custom Electrum server - mempool.space used as the default explorer - bech32 addresses by default - Hardware device is required to enable / modify the spending limit that can be done using phone app only (maximum $200/day) - Can select Tx fee using Priority / Standard / Slow options - 'Slow' correctly estimated the current 3 sat/vB rate - Still very impressed by the ease of setup and use Am probably going to be recommending @npub1tcnv...ctu0 to a lot of normies. gg @jack View quoted note →
AFAIK, that was jacks entire thesis with the bitkey. Get rid of all the seed phrase liability nonsense, provide an alternative solution using multisig and a trusted third party to facilitate that redundancy.