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
Try to keep things on topic
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 3 days 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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[–] ki9@lemmy.gf4.pw 2 points 3 days ago

how to access crypto easily while at the same keep it private and safe?

These are conflicting requirements, true for all valuables: more accessible is less safe, more secure is harder to access. The solution is to split up your money in levels.

Some hot crypto on your phone, like cash in your wallet. I keep about $100 of monero on my phone, ready to spend if I meet an accepting merchant.
Similarly, leave some hot crypto on the exchange if you trade regularly.
Some warm crypto on your pc, locked, secured, protected by dog and gun. This is like your checking account, ready to send to an exchange if fiat is needed on a rainy day.
Everything else in air-gapped cold storage. Bury the seed phrases and tell no one. This is your "savings account", the stuff you will hodl and pass on to your kin, with no plans to ever sell.