Notes on the Bitkey: - Easiest setup experience of any wallet I've used - Hardware feels really solid, nice build quality - 2/3 multisig with no seed phrase - Mobile app and server key can authorise small transactions (dollar amount is user configurable) - Mobile app and hardware device is required to authorise larger transactions - Email is required during setup to facilitate recovery if mobile phone / hardware device is lost - Phone number is optional (from memory) - Can integrate Cash App / Coinbase for direct purchases to the wallet - Block can see your transaction data
The app / hardware device is still in beta, however the simplicity of the setup process is near perfect. While most of us will still prefer a Coldcard, Passport or Jade, those devices aren't for everyone.
I suspect Block will advertise via Cash App and sell a ridiculous amount of these devices, which is great for self-custody but comes at the expense of privacy.
Most importantly, this is not a wallet for your KYC-free corn.