The iPod of Crypto
Uncanny Valley | WIRED
WIRED
4.1 • 572 Ratings
🗓️ 15 December 2022
⏱️ 35 minutes
🔗️ Recording | iTunes | RSS
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Summary
Even if you own no Bitcoin, no Ether, and no NFTs, crypto wallets—pocket-friendly hardware lockers that store digital assets—will be a part of your future. They’re essential tools for securing not only coins and digital tokens, but also the next generation of passports, drivers licenses, and concert tickets. A French company called Ledger, one of the leaders in digital wallets, is trying to take the technology mainstream with the help of Tony Fadell, one of Silicon Valley’s most celebrated hardware designers. Fadell designed the iPod and the Nest thermostat, and now he’s designed Ledger’s next product, a crypto wallet called Stax.
This week, WIRED editor at large Steven Levy joins the show to tell us about the time he spent with Fadell and the Ledger team in Paris (we know, tough gig) to witness the birth of the Stax. We cover all you need to know about crypto wallets, why they are safer places to store digital assets than exchanges, and how digital wallets will be useful beyond the world of cryptocurrencies.
Show Notes
Read Steven’s story about the development of the Ledger Stax. You can also read about Fadell’s Paris-based consultancy business. Read all of WIRED’s cryptocurrency coverage.
Recommendations
Steven recommends Paxlovid, the antiviral treatment for people suffering from Covid symptoms. Lauren recommends the second season of HBO’s White Lotus and also Zebra Sarasa Grand pens. Mike recommends dusting off your old iPod.
Steven Levy can be found on Twitter @StevenLevy. Lauren Goode is @LaurenGoode. Michael Calore is @snackfight. Bling the main hotline at @GadgetLab. The show is produced by Boone Ashworth (@booneashworth). Our theme music is by Solar Keys.
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Transcript
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| 0:00.0 | Lauren. |
| 0:01.0 | Mike. |
| 0:02.0 | Lauren, how do you secure your cryptocurrency assets, all your doge coins and NFTs? |
| 0:07.0 | I think I have exactly one US dollar of ether. |
| 0:13.3 | And I keep it in a regular old app, no hardware. |
| 0:17.2 | So you can have that it if you manage to get into it. Do you have your pass key written down on a post-it note that you keep in your glove box? Yeah, it's P-A-S-S-W-O-R-D, all lowercase. |
| 0:28.9 | Perfect. Yeah. |
| 0:29.6 | Have you ever considered a wallet? |
| 0:30.6 | I mean, I have a wallet. |
| 0:31.6 | Do you have a crypto wallet? |
| 0:32.6 | I do not have a crypto wallet. |
| 0:33.6 | Do I need this for my one USD and ETH? |
| 0:34.6 | I mean, I've heard of crypto wallet. Do I need this for my one USD and ETH? |
| 0:39.6 | I've heard of crypto wallets because I've heard about the extreme measures people have to go to to hack into them. |
| 0:39.9 | Well, we're going to learn more about them right now. |
| 0:46.4 | I'm a senior editor at Wired. |
| 0:49.2 | And I'm Lauren Good. I'm a senior writer at Wired. We are also joined this week once again by Wired |
| 1:02.8 | editor at large, Stephen Levy. Stephen, welcome back to the show. Thank you. |
| 1:07.6 | It's always a thrill to be on the show. Stephen, we have to tell you that as we were reading |
| 1:11.6 | your latest feature in preparation for this show, we were like, Mike and I looked at each other |
| 1:16.3 | and said, Stephen's a really good writer. We knew that already, of course, but it was underscored. |
| 1:21.0 | You really are. It's like you've been doing it for a while, a fantastic writer. |
... |
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