Half offtopic note, but maybe you want to know: uBlock origin seems to have a beef with your site - by default it applies enough filters that only a brown background remains.
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Burner looks and feels like a colorful gift card, but under the hood it incorporates a secure element chip. You can access its wallet with just an NFC tap, and it works entirely through our (soon to be) open source web app.
There is a lot more to share, like USD II (created by https://www.bridge.xyz/), a stablecoin that we designed to work with Burner without gas, but for now we’re excited to push Burner out the door and start getting feedback from users.
Genuinely I'm curious, is there really a big market around gifting crypto, or is that market just sort of a front for criminal activity like why some retailers see a spike in gift card sales?
Really though, this stuff all sounds quite technically difficult. It's surprising to me that people still work on these projects considering it's rather dense subject matter (fin-tech) _and_ it hasn't really proven to be useful for very much in the West.
https://fortune.com/crypto/2024/10/22/stripe-announces-1-1-b...
It's cool to have some skepticism, but update your beliefs. Scams and illicit transactions in crypto are actually smaller by proportion in all crypto than in USD or other fiat currencies at .3% last year.
https://www.chainalysis.com/blog/2024-crypto-crime-report-in...
This looks like just a secure enclave that you can deposit any crypto onto, so whether you trust the manufacturer of your smart card or credit card or not is up to you. Seems like there are easier ways to run a crypto scam, imo
Also stablecoins like USDT which is supposed to be backed with USD but has never had an external auditor look at its books are somehow the solution here?
There is a reason crypto is looked at skeptically.
The added benefit is that you don’t need to be worried about sending ETH as well to use USD II. Put another way, if I gift you a Ledger with USDC today, you as a possible crypto newbie need to work out how to get ETH to move that USDC.
https://www.fbi.gov/contact-us/field-offices/philadelphia/ne...
Tether has public audited reports from BDO Italia S.p.A, the fifth largest independent firm globally, which are made available directly on their website.
https://tether.to/en/transparency/?tab=reports
You can keep your skepticism, but it helps to update your beliefs on new information.
My understanding is someone who wants secure crypto needs to cryptographically safely generate a seed phrase. For signigicant amounts of money you will want that backed up. I guess if this is like a $50 gift card people are treating it like that and might accept if it gets lost then shrug.
I would always recommend using a multisig for storing large amounts of funds regardless of the wallet vendor.
We’ve spoken to a lot of people who have done this, and more often than not the recipient in the midst of some life event doesn’t imbue a QR code with value (and loses it/throws it away).
Both would allow you to interact with Burner entirely offline as well if you use it for cold storage — libHaLo can easily be used with an off the shelf NFC reader through its CLI interface.