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Bitcoin Q&A: Can You Trust a Hardware Wallet to Generate Your Seed?

Can hardware wallets be trusted to generate seeds for you? What are the risks of trusting these devices? How can you use them securely without making things too complex and causing yourself more problems? Chapters 0:00 How can we minimize the amount of trust that we put in third parties? 2:37 How do we trust the seeds that are generated on these devices? 4:20 If you were to put millions of dollars in these devices, you probably need to take some precautions This question is from the bonus Q&A session on security, which took place on March 28th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon:   / aantonop   Related Videos: Bitcoin Q&A: Why is seed splitting a bad idea? -    • Bitcoin Q&A: Why is Seed Splitting a Bad I...   Bitcoin Q&A: Is Multi-sig for the Average User? -    • Bitcoin Q&A: Is Multi-sig for the Average ...   Bitcoin Q&A: What is a private key? -    • Bitcoin Q&A: What is a Private Key?   Bitcoin Q&A: Hardware wallets and attack surface -    • Bitcoin Q&A: Hardware Wallets and Attack S...   Bitcoin Q&A: How do mnemonic seeds work? -    • Bitcoin Q&A: How Do Mnemonic Seeds Work?   Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies. Subscribe to this channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! Follow on Twitter: @aantonop //   / aantonop   Connect on Facebook:   / andreasmantonopoulos   Connect on LinkedIn:   / aantonop   Follow on Instagram:   / amantonop   Learn More: aantonop.com Listen to the “Unscrypted” Podcast: https://aantonop.com/unscrypted/ MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations... MASTERING ETHEREUM: https://amzn.to/2xdxmlK THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ THE INTERNET OF MONEY, v3: https://aantonop.io/tiomv3 Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq German, 'Das Internet des Geldes' (v1) - https://amzn.to/2LEiyqO German, 'Das Internet des Geldes' (v2) - https://amzn.to/2VCzse5 French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-large... Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang Music: "Unbounded" by Orfan (  / grassfedbitcoin  ) Join the aantonop Channel: https://aantonop.io/joinaantonopyt