4:02 – Intro

5:24 – Hardware Wallet Physical Security

6:10 – Buying hardware wallets on eBay?

7:04 – Toothbrush analogy

7:26 – Supply chain attacks

7:40 – Fake seed cards 

8:20 – Does Peter Todd use any hardware wallets?

9:10 – Hardware wallets as part of the Bitcoin lifestyle 

9:30 – Dealing with Bitcoin in the early days

10:40 – Peter Todd running Qubes and multiple virtual machines

11:29 – Advice for newbies

13:00 – The economics of hardware wallets

13:50 – Markets for Bitcoin transaction data 

15:00 – Are Electrum servers ran by Chainalysis?

16:30 – Chainalysis and Bitcoin exchanges

17:00 – Shapeshift’s KeepKey

18:31 – Does Peter Todd use a Coldcard?

20:22 – The issue of hardware wallet screens and checking addresses

21:55 – Packaging to discourage supply chain attacks

23:00 – Coldcard and PSBT

25:25 – Auditing trusted setups

26:10 – Which hardware wallet does Peter Todd recommend?

29:15 – Is the YubiKey better than a hardware wallet?

31:57 – Setting up a watch-only wallet for cold storage

32:58 – Is just using Bitcoin Core secure enough?

35:14 – The psychology of having a piece of hardware that makes you feel safe

36:36 – Ballet Crypto and trusted printing

37:45 – BitAddress dot org

39:00 – Generating randomness with a dice 

40:10 – Security is hard and complex

41:00 – Security theatre 

42:47 – Cryptography vs Applied Cryptography 

44:30 – How can Trezor and Ledger steal funds from hardware wallet owners?

46:41 – Liability for theft

49:40 – Can hardware wallet manufacturers steal $1 from each user?

51:00 – The perfect theft that hardware wallet manufacturers can coordinate

52:10 – Bluetooth on hardware wallets?

53:10 – RS 232 

55:20 – Faraday cages

57:20 – Practical advice for bitcoiners 

59:00 – Tiger rocks, locks, and lock pickers 

1:00:20 – Is multisig a good idea?

1:01:23 – Is memorizing your private key a good idea?

1:01:56 – Security from yourself

1:03:30 – Physical vs digital data security

1:05:20 – Does Peter Todd like weed?

1:06:16 – Bitcoin and drug sales

1:07:41 – Peter Todd’s prediction for Bitcoin’s success

1:09:50 – One day, Bitcoin will go to 0

1:10:00 – The US dollar will fail before Bitcoin

05:45 – Solve the puzzle and get 2.1 BTC from show sponsor Phemex

8:50 – Supply chain attacks on hardware wallets

12:00 – Compromising private key generation on hardware wallets

12:50 – Is running Bitcoin Core on your computer as safe as using a hardware wallet?

14:46 – Coldcard’s PSBT

20:28 – Lindy effects in hardware wallets (the longer they’ve been around, the more secure they are)

22:50 – Hardware wallets are definitely better than bank account security

23:10 – Why Bitcoin’s scarcity makes it very valuable

24:43 – Losing bitcoins vs losing fiat

26:48 – Hardware wallets vs cold storage

29:00 – QR code cold storage

29:25 – Multisig

34:00 – Casa multisig inheritance system

39:30 – Authentication, identity & voting

43:30 – Are microchip implants a safe way to store your Bitcoin private keys?

45:47 – Why Bitcoin is the best user experience

47:20 – YetiCold dot com

55:00 – Why does YetiCold use 3 out of 7 signatures?

58:00 – JW Weatherman on using steel plates to store private keys

1:02:00 – What the term “cypherpunk” really means and why the cypherpunk movement is abolitionist 

1:05:40 – Why should YetiCold be trusted?

1:07:00 – Does YetiCold make JW Weatherman any money?

1:09:00 – Mathbot dot com

1:11:05 – Is Donald McIntyre a cypherpunk historian?

1:11:53 – David Chaum is a genius

1:13:50 – Digicash had to exist and had to fail

1:14:27 – Why JW Weatherman thinks Monero is a scam

1:16:53 – Closing note on the JW Weatherman’s interview with Tim May (available on YouTube)

Bryan Aulds is a co-founder of the Billfodl cold storage company. In this episode, he talks about the importance of securing your private keys on something that can take natural disasters – more specifically, a metal plate.

Here are some of the questions asked:

Does a cold storage device replace a hardware wallet or work in conjunction with it?

What makes the Billfodl stand out from the competition?

Will there be a partnership between Billfodl and Ledger?

How do Billfodls get tested?

What is it like to arrange letters on the Billfodl?

How can metal plates be improved?

What are the costs of building your own Billfodl?

Are bitcoiners survivalists?

Is Bitcoin friendly for mainstream users?

Is Bitcoin like the oil boom in terms of peculiar personalities?

How expensive were booths at the Consensus 2018 conference?

Are blockchains any better than old supply chain systems?

Who came up with the Billfodl?

Why is Bitcoin similar with teenage sex?

Thanks to his decades-long in security chips and electronic devices, BTChip (Nicolas Bacca) is one of the finest experts in the field of Bitcoin hardware wallets.

In this exclusive episodes, he answers questions about the design choices of the Ledger Nano series, compares the products with the Trezor, Coldcard, BitBox02, and KeepKey, but also reflects on the future of Bitcoin security.

Episode time stamps:

04:40 – Introduction, brief history of experiences in the field

06:20 – Why Trezor was created

8:20 – Pushing your op-sec with Trezor's apps and operating system

11:00 – Ledger criticism as feedback

13:25 – Why should anyone buy a hardware wallet?

17:10 – Why choose a Ledger hardware wallet?

20:47 – Ledger Nano S vs Nano X

24:00 – The pros and cons of Trezor devices

27:03 – The pros and cons of the KeepKey

29:24 – The pros and cons of the Coldcard wallet

31:00 – The pros and cons of the BitBox02

35:00 – What is open source about the Ledger software and what isn't?

42:20 – Security element chips in hardware wallets (Ledger, BitBox, Coldcard)

51:20 – Is it safe to buy used Ledger hardware wallets on eBay?

53:00 – Are hardware wallets like toothbrushes?

55:55 – Bitcoin-only Ledger?

57:20 – Multisig in Ledger Live?

1:01:00 – Is it reckless to use your Ledger with third party software (Electrum, Wasabi, Shapeshift)?

1:03:41 – What is next for Ledger? (Liquid, Shamir, CoinJoin, PSBT)

1:09:00 – How does Ledger Manager recognize a fake Ledger hardware wallet?

1:14:00 – The golden age of hardware wallets and wild experiments

Lazy Ninja (@FreedomIsntSafe on Twitter) is best known in the hardware wallet community for responsibly disclosing vulnerabilities in the BitBox02 and Coldcard devices. 

As a security expert with a solid background in the field of microchips and cryptography, Lazy Ninja provides invaluable advice on managing private keys and using hardware wallets without worrying about losing all the coins to a hacker.

In this episode, which happens to be his first podcast appearance, Lazy Ninja talks about how he first got into Bitcoin, his experiences with various hardware wallets, his approach to finding vulnerabilities, and his general security advice.

Douglas Bakkum and Jonas Schnelli are the two founders of the ShiftCrypto company – one of the most significant players on the hardware wallet market. The newly launched BitBox02 has lots of interesting features and finds the middle ground between security, privacy, and user friendliness. 

In an interesting segment, Douglas also agrees to say something nice and something critical about the most significant competitors (Trezor, Ledger, KeepKey, Coldcard).

Also, an interesting discussion about responsible disclosures and the general security level of hardware wallet devices emerges.

If you want to better understand the dynamics and collaborative practices behind the world of Bitcoin hardware wallets, then this is certainly a must-listen.

ShapeShift COO Jon talks about all the elements that make the KeepKey hardware wallet great, and even agrees to answer some tough questions about comparing the KeepKey to the competition (Trezor, Ledger, Coldcard, and BitBox).

Jon also explains how the ShapeShift platform works and why the company's approach is to onboard as many users as possible, regardless of the hardware wallet of their choice.

In the end, a conversation about the importance of privacy and how ShapeShift handles customer data takes place. 

Special thanks to the episode's sponsors: European Exchange LXMI and Lightning payments service Bottle Pay.

Bitcoin Magazine media associate Christian CK (@ck_SNARKs on Twitter) talks about the purpose of shitcoins as smokescreens that keep regulators and political actors busy and distracted from Bitcoin.

Also, the POV Crypto Podcast co-host presents some of his takeaways from the book "The Sovereign Individual" by James Dale Davidson. 

Another big topic is hyperbitcoinization – a process which CK regards as ongoing and close to completion.

Guns N' Bitcoin CEO Ragnar Lifthasir talks about onboarding the Lightning Network, how, when and why he got into Bitcoin, and some mental issues that Bitcoin may fix.

Ever heard of a podcast where somebody simply asks "How many sats do you want me to stack right now?" and then proceeds to buy 3 million? American HODL talks about the eternal riches that he's accummulated, the aspirations that he has as a successful bitcoiner, and the life advice he'd give to both his younger self and new bitcoiners.

You will also find references to Joseph Campbell and Nassib Taleb, shoutouts to Dieter (AwyeeBTC), and debates about cinematic masterpieces of the 20th century.