Bitcoin Wallet Makers Launch April 5th “6102 Sale” Honoring Executive Order ...

[ABCbits]

Bitcoin Wallet Makers Launch April 5th “6102 Sale” Honoring Executive Order 6102 and Satoshi’s Birthday

In an unprecedented move, several prominent Bitcoin hardware wallet makers have announced a "6102 Sale" set for April 5th, 2025, commemorating Executive Order 6102, a historic U.S. mandate signed in 1933 prohibiting U.S. citizens from hoarding gold.

This initiative was inspired by MicroStrategy CEO Michael Saylor, who reassured listeners on a recent podcast that a 6102-style confiscation would never happen to Bitcoin holders. His comments reinforced the community's confidence in self-custody as the safest way to protect their Bitcoin... Read more here.


We're about 6 months away from April 5th, but it's good knowing when will some hardware wallet and distributor company hold a sale. While i agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party. Your opinion is greatly appreciated.

[ZAINmalik75]

We're about 6 months away from April 5th, but it's good knowing when will some hardware wallet and distributor company hold a sale. While i agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party. Your opinion is greatly appreciated.

This sale will make it hard for us to forget the mandated number now 6102 and the date too when it got approved these sales will not only remind us the day and how important BTC is but it will remember people that how important self custody is and how portable BTC is. Usage of hardware wallets must be given to all kinds of people and where crypto is legal there smart ones should organize a seminar where they will guide old people and newbies about hardware and give them a tutorial.

These types of events must also occur on such days. Hardware wallet owners will also make good profit from these events. I can't buy hardware wallet but I will celebrate the day.

[Jating]

We're about 6 months away from April 5th, but it's good knowing when will some hardware wallet and distributor company hold a sale. While i agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party. Your opinion is greatly appreciated.

I'm not really fond of this so called moved, but in any case, will everyone should wait for April 5th to get a hardware wallet? For me, we shouldn't, if we can afford and they are cheap in my opinion and it should be practice by everyone specially newbies, to buy a hardware wallet to where they are going to put their Bitcoin and other crypto.

And we already know that once we own Bitcoin, we are already being "Be your own bank", meaning we are the owners, we have control and nobody can confiscate it, not even the government.

[Zed0X]

~
I'm not really fond of this so called moved, but in any case, will everyone should wait for April 5th to get a hardware wallet? For me, we shouldn't, if we can afford and they are cheap in my opinion and it should be practice by everyone specially newbies, to buy a hardware wallet to where they are going to put their Bitcoin and other crypto.

And we already know that once we own Bitcoin, we are already being "Be your own bank", meaning we are the owners, we have control and nobody can confiscate it, not even the government.

The sale could actually help the newbies start practicing this "be your own bank" principle. It's cheap even without the announced sale but a lot of them still prefer something that is free and they don't care much about self-custody. If prices could drop 50% or more, perhaps they will consider buying their own.

[ABCbits]

We're about 6 months away from April 5th, but it's good knowing when will some hardware wallet and distributor company hold a sale. While i agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party. Your opinion is greatly appreciated.

I'm not really fond of this so called moved, but in any case, will everyone should wait for April 5th to get a hardware wallet? For me, we shouldn't, if we can afford and they are cheap in my opinion and it should be practice by everyone specially newbies, to buy a hardware wallet to where they are going to put their Bitcoin and other crypto.

You're missing the point. This movement allows more discount or sale occurrence from either hardware wallet company or it's distributor.

And we already know that once we own Bitcoin, we are already being "Be your own bank", meaning we are the owners, we have control and nobody can confiscate it, not even the government.

I get your point, although some people still use centralized exchange or custodial wallet to store their Bitcoin.

[Lucius]

Any initiative that aims to make people aware of the proper way to store cryptocurrencies is something that should be welcomed - although when we talk about hardware wallets, we should not forget that we should always pay attention to the fact that they are open source and do not have "features" such as Ledger's.

Anyone who has an old computer can make a much better wallet than any hardware wallet they can buy - a cold wallet that never "touches" the internet is the best way to protect your private keys.

+1

[TomPluz]

While I agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party.

As the saying goes, better be safe than sorry. We could never be sure of the things that can happen years from now. Surely, under POTUS Trump there will never be seizure of anybody's Bitcoin or any other coin for that matter, unless maybe if one is doing some illegal moves with his digital assets but if there can be a Democrat POTUS after Trump we could never be sure. So getting a hardware wallet can be a very good option for anyone with a good value of cryptocurrency under his portfolio. And it would be good to participate in the coming April 5th, 2025 mega sale in honor of what happened in 1933 and can be a big reminder to all of us of what the government can do under the influence of woke type ideas.

[hugeblack]

To avoid such decisions, there is a possibility, albeit a small one, that hardware wallets have backdoors or may do so if any legislation is issued or the United States decides to prohibiting U.S. citizens from hoarding BTC, so DIY and airgapped system with good open source wallets is the solution, otherwise it will be an initiative to make hardware wallet manufacturers richer.

[ABCbits]

--snip--
And it would be good to participate in the coming April 5th, 2025 mega sale in honor of what happened in 1933
--snip--

I think we don't need to go that far. People should either buy decent hardware wallet as soon as possible or during next sale/discount occurrence (probably Christmas or end of year sale) if they want to save a bit of money.

To avoid such decisions, there is a possibility, albeit a small one, that hardware wallets have backdoors or may do so if any legislation is issued or the United States decides to prohibiting U.S. citizens from hoarding BTC, so DIY and airgapped system with good open source wallets is the solution, otherwise it will be an initiative to make hardware wallet manufacturers richer.

DIY hardware wallet or airgrapped system is definitely good choice. But considering lazy Bitcoiner or investor, buying hardware wallet (excluding Ledger or other from company without good reputation) is already a step forward.

[Themepen]

We're about 6 months away from April 5th, but it's good knowing when will some hardware wallet and distributor company hold a sale. While i agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party. Your opinion is greatly appreciated.

Investing in cryptocurrency can be very exciting but keeping your money safe is extremely important. Since no one knows what will happen in future and governments might change rules it is smart to take action now. Special wallet called hardware wallet can add extra protection letting you store your cryptocurrencies offline and reducing the risk of hacking. To keep your investments safe remember to secure your exchange account with two factor authentication and store your crypto safely using hot or cold wallets and be careful of scams and fake websites. With following these steps we can have safer and more secure experience investing in cryptocurrency.

[Freemind]

I find the news curious, since it could be interpreted as an act of “rebellion” against what is established, but other than that I don't think it means much more.

I understand that hardware wallets can provide "more" security, so to speak, but I don't use any of them yet. I prefer to continue with one of my PCs and Debian, personally I believe that there is no better security than what we ourselves can provide. I have never liked proprietary code, much less when it has something to do with my coins.

[ABCbits]

I find the news curious, since it could be interpreted as an act of “rebellion” against what is established, but other than that I don't think it means much more.

I don't think it would be interpreted that way, unless government is looking for excuse to ban Bitcoin. After all, they still allow you to hold and store physical money by yourself.

[Freemind]

I don't think it would be interpreted that way, unless government is looking for excuse to ban Bitcoin. After all, they still allow you to hold and store physical money by yourself.

No. They do not allow me to store physical money, the reality is that they cannot prevent me from storing physical money. There is a big difference in that, and for me there is no type of rebellion in that, but rather a right as an individual.

[KingsDen]

We're about 6 months away from April 5th, but it's good knowing when will some hardware wallet and distributor company hold a sale. While i agree with Saylor that US government is unlikely to seize citizen's Bitcoin, it's definitely better not storing our Bitcoin on 3rd party. Your opinion is greatly appreciated.

The April 5th 6102 sale is a good initiative that will help create and increase awareness about decentralization and self custody. Although this will be highly effective if some sensitization programs are also done that day to educate users on what self custody is all about and how to best protect their wallets from authorised access.

My major concern about this sales is the chances that users may buy compromised hardware wallets from unreputable wallet makers, and this is very risky. I just hope this has been put into consideration too to avoid putting people's bitcoins at risk.