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.\n\nThis episode is sponsored by Vaultoro and Wasabi Wallet.\n\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\u2013\nTime stamps:\n\n00:00 \u2013 03:05 \u2013 Introduction\n\n03:06 \u2013 When did Erik Voorhees use the first hardware wallet?\n\n06:49 \u2013 KeepKey\u2019s design\n\n07:38 \u2013 What were the most popular wallets that OGs were using in the early 2010s?\n\n10:28 \u2013 Start9 Labs\n\n13:53 \u2013 Mt. Gox, exchange hacks, and the importance of self-custody\n\n17:05 \u2013 Do exchanges really insure your bitcoins?\n\n23:18 \u2013 Michael Saylor, Elon Musk, Stock to Flow & Lending Services Like BlockFi & Celsius\n\n28:07 \u2013 The financialization of Bitcoin (ETFs, derivatives, synthetic \n\n32:29 \u2013 Why verification matters\n\n35:20 \u2013 Mt. Gox YubiKeys influenced the creation of hardware wallets?\n\n36:07 \u2013 Using your hardware wallet for U2F/2FA\n\n36:30 \u2013 Resetting a KeepKey\n\n37:30 \u2013 Dealing with fake KeepKey apps\n\n41:55 \u2013 Why Shapeshift acquired the KeepKey\n\n43:07 \u2013 What does Erik Voorhees think about the Trezor One and the Trezor Model T?\n\n45:06 \u2013 What hardware wallets should do\n\n46:20 \u2013 Ledger and why open source matters\n\n47:20 \u2013 Is open source socialist?\n\n49:12 \u2013 Did Erik Voorhees try the Coldcard, BitBox02 or Jade?\n\n49:30 \u2013 Ballet Real vs Pro\n\n50:40 \u2013 Mike Caldwell\u2019s extra security steps with the Casascius coins\n\n52:38 \u2013 Multisig setups\n\n54:30 \u2013 Shamir Secret Sharing\n\n56:40 \u2013 Why open source helps software outlive the company that created it\n\n57:30 \u2013 What kind of Bitcoin custody advice would Erik Voorhees give his younger self?\n\n1:00:25 \u2013 Why should anyone buy a KeepKey hardware wallet instead of something else?\n\n1:01:30 \u2013 Does KeepKey work with Electrum and Wasabi?