Podcasts: S8 E3: Erik Voorhees on KeepKey, Open Source & Self Custody π 3 years ago
- Category: Podcasts | Bitcoin Takeover Podcast
- Author(s): Vlad Costea
- Published: 16th March 2021 22:02
In this episode, ShapeShift CEO Erik Voorhees talks about the KeepKey hardware wallet, the power of open source software, and the importance of self-custody. As a Bitcoin veteran, Voorhees also reminiscences about the most popular wallets from the 2010s.
This episode is sponsored by Vaultoro and Wasabi Wallet. βββββββββββββββββββββββββββββββββββββ Time stamps:
00:00 β 03:05 β Introduction
03:06 β When did Erik Voorhees use the first hardware wallet?
06:49 β KeepKeyβs design
07:38 β What were the most popular wallets that OGs were using in the early 2010s?
10:28 β Start9 Labs
13:53 β Mt. Gox, exchange hacks, and the importance of self-custody
17:05 β Do exchanges really insure your bitcoins?
23:18 β Michael Saylor, Elon Musk, Stock to Flow & Lending Services Like BlockFi & Celsius
28:07 β The financialization of Bitcoin (ETFs, derivatives, synthetic
32:29 β Why verification matters
35:20 β Mt. Gox YubiKeys influenced the creation of hardware wallets?
36:07 β Using your hardware wallet for U2F/2FA
36:30 β Resetting a KeepKey
37:30 β Dealing with fake KeepKey apps
41:55 β Why Shapeshift acquired the KeepKey
43:07 β What does Erik Voorhees think about the Trezor One and the Trezor Model T?
45:06 β What hardware wallets should do
46:20 β Ledger and why open source matters
47:20 β Is open source socialist?
49:12 β Did Erik Voorhees try the Coldcard, BitBox02 or Jade?
49:30 β Ballet Real vs Pro
50:40 β Mike Caldwellβs extra security steps with the Casascius coins
52:38 β Multisig setups
54:30 β Shamir Secret Sharing
56:40 β Why open source helps software outlive the company that created it
57:30 β What kind of Bitcoin custody advice would Erik Voorhees give his younger self?
1:00:25 β Why should anyone buy a KeepKey hardware wallet instead of something else?
1:01:30 β Does KeepKey work with Electrum and Wasabi?