Privacy

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A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

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Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
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If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
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How can I save my money in crypto privately and safe? (lemmy.world)

submitted 11 hours ago by mlxdy@lemmy.world to c/privacy@lemmy.ml

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Hardware wallets like Trezor and Ledger are terrible choice for privacy as they're more like hot wallets. You need to download their shitty electron app to configure your wallet and even if these apps are open-source I can't consider them safe, because they have toooooo much features. At the same time they're missing basic features like connecting through TOR network to them which should be must have as they rely heavily on internet features like online exchanges which can easily reveal your data.

Do you have any idea how to access crypto easily while at the same keep it private and safe?

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[–] adespoton@lemmy.ca 0 points 11 hours ago (1 children)

Since by design cryptocurrencies aren’t backed by banks/nations and any transaction is permanent, they are by definition not safe.

At best, you can save out your wallet to an encrypted drive, then write it back to your phone when you need to use it. Make copies, so if one gets lost, you don’t lose the value itself.

[–] mlxdy@lemmy.world 0 points 10 hours ago* (last edited 10 hours ago)

For me it's argument why they might be safe. Of course cryptocurrencies in my opinion aren't that safe and I have reasons to think like that, but I don't agree with your agument.