Following the news on the EU anti money laundering and anti terrorism financing laws, effectively in place from 30th dec. 2024, i have to say good bye to my Ledger Nano and EU based Crypto broker. I don't use EU regulated exchanges, so no problem there, but attacking privacy of self custody wallets is a no-no-no-no-no!
The broker isn't a problem, because i can DCA via exchange, though less comfortably.
The Trezor Safe 3 looks good as a non-EU based ledger replacement.
OpSec trigger warning:
Who of you is actually already using it, and would you recommend it for cold/hot storage or both?
EDIT: Feels like we may get a Weekend-pump tonight. SOMA.
Not exactly an answer to your question, but it just so happens that I ordered a Trezor Safe 3 a few days ago! I gifted my old Trezor One to my nephew (a new coiner), so I opted for the Trezor Safe 3 as an upgrade. I've never had any issues with the Trezor One, it's been nothing but flawless in its handling of my Bitcoin stash, which now only lives on a piece of paper, until I receive my Trezor Safe 3 and give it a new, safe home. I've used the Trezor One for cold storage only, but I don't see any reason why it wouldn't be useful as a hot storage device too. The ability to use a passphrase together with the seed words gives you the extremely convenient feature that you can literally have an infinite number of wallets, each with its own, extremely secure (it you choose it correctly) passphrase, all readily accessible via the same user interface, and all stemming from the same 12-/24-word seed that you have backed up (or will back up) securely only once, preferably in multiple places.
A concern, for some, regarding the Trezor Safe 3, is the inclusion of a Secure Element chip inside it, which could potentially spoil the open-source nature of the device's f/w. SatoshiLabs claim that this is not the case, as they have made sure they are not limited by NDAs or other contracts to not disclose the particulars of that chip, so I would consider it a bonus compared to the Trezor One. The inclusion of the Secure Element chip, among other things, enables the use of a very secure device authenticity verification procedure, when you first set up your device, thus protecting you from receiving a tampered/hacked device. The Trezor Safe 3 also offers a more modern user interface, and the ability to enter the PIN and passphrase using the device only, instead of the PC, as is needed in the Trezor One (which still does it securely, but not as much as the Trezor Safe 3).
I've not used it yet, but based on my research, I'm confident that the Trezor Safe 3 will serve you well as a cold/hot storage h/w wallet.
