I did this way
rootcd /tmp -- Again, if you downloaded elsewhere, change to that directory instead.
ar xv cdebootstrap*.deb -- We're using the archive tool to extract with verbosity our cdebootstrap package.
sudo tar -zxvf data.tar.gz -C / -- Now we're using tar to extract, with gzip support, again with verbosity, the file data.tar.gz, changing the Current directory to / so that it extracts systemwide on our NAND. We're running this command sudo so we have write permissions.
Now we just run cdebootstrap-static with a few parameters, and wait.
sudo cdebootstrap-static --allow-unauthenticated -f minimal squeeze /media/mmcblk1p1
root
Without password ?