/biz/ - Business & Finance

>>57556751
>their controversy

fud

>>57556751

Easy, the price lock function. You cannot argue with that when you can still lock your assets at all time highs and be comfy knowing you're shielded from bear markets. Ledger will always buy it back at a loss, per their contract.

>>57556751
I don't. Though I still use my original nano s which is too simple to be affected by the seed recovery controversy.

None is recommended them

The people you mean are paid shills

>>57556751
cause we spent like $150 on it lol

>>57556751
Because that's just french business retardedness.
One thing you can trust though are our math autists.

>>57556774
is this fucking real? holy shit. they'll do this with any coin? even shitcoins?

>>57557170
Only coins that are supported by Ledger Live™ . Shit like ICP is not a subject of the pricelock™ function.

>>57557170
>he doesn't know
ngmi

>>57556764
fpbp
had one for 6 years now, not a single issue

>>57556774
For new fags on this site this is a meme.

>>57557170
it's a bad joke. it's not real.

>>57559229
>he didn't lock in the price

>>57556751
ledger x is pretty based, you dont have to keep it connected with a usb to use it, hated that with my trezor

>>57556751
Protection and security > controversy

what else would they use instead?

trezor doesn't support their flavor of the cycle shitcoin and if they have ethereum they can't use any of the most secure ones that are all bitcoin only
the only other choices are made with untrustworthy yellow hands

>>57556751
Aren't USB's lousy for keeping data stored on long term? Similar to SSD's, not recommended for long term storage of anything very important.

>>57556751
Use a temporary passphrase and you have absolutely nothing to worry about.

>>57556778
if you actually believe the recovery product has a backdoor you are a literal fucking brainlet

>>57560745
>Aren't USB's lousy for keeping data stored on long term? Similar to SSD's, not recommended for long term storage of anything very important.

>>57560827
I figured what I'm asking is retarded, otherwise people wouldn't be doing it, that's why I'm asking though.

>>57560949
You should have 3 copies of any important data. 2 of which are stored on different types of media, and 1 of which is off site.
USB drives are notoriously poor performers when written to a significant amount, and some are just plain cheap shit. SSDs, and anything that uses a real drive bus like SATA or PCIe will perform as expected, and will actually report their health via S.M.A.R.T.
I don't know anything about these hardware wallets, but I would never use one. The whole concept seems antithetic to a real backup and security

>>57560971
>I don't know anything about these hardware wallets
clearly
they're designed for processing not storage, keys are backed up elsewhere

>>57561081
They hold your private key for sure. Thats storage. Your seed phrase is your backup and should be saved following the 3-2-1 as before.
I had to look it up 'processing?' but it makes sense for someone who is paranoid-the hardware allows you to use your private key without storing it on the computer you are using. Seems fine enough for someone who wants an additional layer of security.

>>57556751
every time I hear about Ledger controversy and then research the controversy, it's a nothingburger

>>57561154
>ledger devices have a back door and contain your seed phrase
>government subpoena ledger and can request your seed phrase
>a nothing burger
It's a device perfect for retards like you

>Brand new pc
>create gmail or outlook ex: youremail.crypto@gmail.com
>stupid long ass password/secret frase
>open upload doc file with your seed and acc n
>write it down in metal sheet plate
https://www.youtube.com/watch?v=495XIuAxSe8

of course if you have ICP you don't need all this crap because nns and internet computer identity it's amazing.

>>57561385
>how to get all your shit stolen

>>57561504
holding btc for 10 years, never lost a dime.
Plebit midwit spent money with his super safe "cold wallet" until he lost everything like FTX.

>>57561265
Any hardware wallet manufacturer could extract your seed if they wanted to.

>>57561645
Wrong. Tangem doesn't even have a seed phrase

>>57560745
It's not a flash drive. It's a hardware security processor with on-chip key storage and some convenient software to use it. It won't lose your data from being in a drawer for a year, or two, or ten.

>>57556751
What's even the difference between this and just using an encrypted flash drive with tail os? Besides having to spend a lot less and no fear of getting your data leaked or the stick you got being tampered with

>>57561115
the only alternative are full blown computers you have to somehow isolate from the net.

>>57561638
if you were in bitcoin since 2013 you wouldn't be fooled by shitcoins like icp

>>57561649
he's correct, and tangem is the worst of all of them. a completely untrustworthy black box much worse than ledger nanos are.

>>57560175
nice bate

>>57562602
>much worse
there is no 'much worse'. they're either compromised or they aren't. i suspect if they were we'd have heard a lot of even anecdotal evidence

>>57559229
stop fudding just because you didn't lock in your price near the last ath

>>57557170
they select certain coins where it's possbile, you can see it when connecting Ledge Live with a device.

>>57562833
I thought this was only possible with Trezor, nice to see Ledger add the functionality too.

>>57562844
they even announced a partnership with LINK where they will lock in the price higher than the actual price

>>57562616
the shitty tangem wallets don't have any way of telling you what you're about to sign. a hardware wallet without its own display and its own buttons is pointless. a waste of space and money.

>>57556774
You are an idiot, Trezor has pricelock.. ledgers thing is burnsafe™