Voice of the community ›

How to buy Coldcard/Opendime in India?

Posted by Etherbit Team on

Etherbit is operating in India since 2017 as a verified reseller of Ledger, Trezor, and others, but when it comes to Coldcard & Opendime, we are an unverified reseller. Coinkite, the manufacturer of Coldcard & Opendime, has a strict policy that doesn't allow them to vouch for or verify a reseller in any region.

That being said, Coinkite does not have *any* official resellers for their products such as Coldcard & Opendime. However, Etherbit has been permitted to resell Coinkite products.

In the words of Coinkite Founder Rodolfo Novak (@nvk);

It's a security product. So vouching for a third party is not a good idea. (…) We don't offer any certification of any kind. Not even "official" reseller. Although these can be good for sales, they are terrible for security. We believe trust should happen from bottom up in ppl's communities where these is some form of accountability. If we vouch for any entity, people will stop verifying and will start blindly trusting. No Bueno :)

Coinkite's policy is very reasonable - instead of "centralizing trust" into one entity, it should be built in a decentralized fashion.

There are local trust networks within the Bitcoin communities in each region. Instead of outsourcing your trust and due diligence to an overseas entity that can not effectively control/vouch for local players' trustworthiness across the globe, you can verify for yourself what works better for you.

In a nutshell, if you do not trust Etherbit as business and brand, you should *not* buy your hardware wallet from us.


Share this post


← Older Post Newer Post →

Need help?