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Deleted Account | 3 months ago (raw) | root | parent | reply | flag +2 
 I understand but anyway it’s better to have a cold hardware wallet than a hot software wallet.

Whether a secure element or not and how it is used is a good question.

But saying the HW wallet industry is stupid is not a good way to elevate the débat.
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Cyph3rp9nk | 3 months ago (raw) | root | parent | reply | flag 
 It's a stupid industry for the mere fact of having to rely on a secure element to safeguard people's savings.

First grade cryptography.
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Cyph3rp9nk | 3 months ago (raw) | root | parent | reply | flag 
 It is as if in the Nazi's enigma machine they told you to trust their secure element, a black box of a private company that assures you that it encrypts it and that they can not decipher it, simply because this company says so, and if I find a vulnerability in the secure element I can not say it, I have to continue with a vulnerable machine, I do not think that the Nazis would accept it.

Cryptography has to be totally transparent to know that it cannot be broken, it has always been like that and it is the military method, hence the NSA or NIST for example, make the algorithms public and want them to be used, to be tested.

No one would trust a closed algorithm and even less that depends on closed hardware.
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Deleted Account | 3 months ago (raw) | root | parent | reply | flag +1 
 Ok but the question is: “Would you live in a world where you don’t want to have to trust no one ?”

I understand the need of transparency but a world where you are alone is not a world where I want to live.