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Good open source cold storage crypto wallets? (programming.dev)

submitted 1 year ago by starship_lizard@programming.dev to c/foss@beehaw.org

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I'm getting into crypto and am thinking about setting up a cold storage wallet on a USB drive. Do any of you all have favorites you'd reccomend for a newbie like me?

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[–] heftig@beehaw.org 21 points 1 year ago (1 children)

Don't get into crypto. It's only useful for scams and money laundering.

[–] starship_lizard@programming.dev 11 points 1 year ago (5 children)

I can understand why you would say that, but I think in the coming decade we'll see it come into much more mainstream use. Whether or not that's true remains to be seen. I personally don't mind sinking a little money into it to see if it goes anywhere, but I'm not dumping my retirement into it or anything.

[–] renard_roux@beehaw.org 10 points 1 year ago

Narrator: "It didn't".

[–] sounddrill@lemmy.antemeridiem.xyz 2 points 1 year ago

Dawg my country got it's own thing going with payments, where it's like GPAY but government official and uses a scanner/qr system attached to regular currency(connected to banks).

I don't see crypto fitting in at all

[–] renard_roux@beehaw.org 2 points 1 year ago

Narrator: "It didn't".

[–] kherge@beehaw.org 2 points 1 year ago

I’m not a crypto investor, but I, like you bought some Ethereum with the same belief. It’s an intrinsically valuable currency.

[–] kherge@beehaw.org 2 points 1 year ago

I’m not a crypto investor, but I, like you bought some Ethereum with the same belief. It’s an intrinsically valuable currency.

[–] nothingbutlove@lemmyonline.com 5 points 1 year ago (1 children)

I think the options here are driven by which coins you'd like to hold and whether you'll be interacting with hardware wallets. If you're thinking Bitcoin, and have a particular hardware wallet in mind for the future, perhaps give Electrum a look. BE CAREFUL WITH WHERE YOU DOWNLOAD CRYPTO SOFTWARE

[–] starship_lizard@programming.dev 2 points 1 year ago* (last edited 1 year ago)

For sure. I'm not installing anything without verifying it first.

edit: I probably wouldn't buy anything besides bitcoin and eth

[–] Rentlar@beehaw.org 4 points 1 year ago (1 children)

Coin Wallet on Linux repositories have worked fine for me.

Honestly though, crypto isn't worth your time. And half of the USB flash drives I had 10 years ago have failed, so don't rely on them for a long time, or keep at least 2 other backup copies elsewhere.

[–] starship_lizard@programming.dev 2 points 1 year ago

Thanks for the helpful advice, I appreciate it!

[–] Retainer8510@beehaw.org 2 points 1 year ago

don't listen to people to stay out of crypto, you do you.

Check out sparrow waller, it's a bit shinier than Electrum wallet and open source afaik

[–] asap@feddit.de 1 points 1 year ago

Just get a Trezor. It's open source both the software and the hardware, battle-tested, and very easy to use.

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