Post
Topic
Board Beginners & Help
Re: Hope people that give out personal address safe? Ledger wallet users' attacks
by
Coyster
on 21/12/2020, 15:02:47 UTC
And buy them offline? Sadly not everyone can fly around the world to buy some stuff.
So true, I don't even think 5% of crypto/hw users will go through the hassle of traveling to a different country/continent just to get a hardware wallet. We have to take this situation as a 'necessary evil' and hope ledger takes better precautions in protecting users data and being proactive incase of a unforseen breach.
Many people don't have a clue how decentralized wallets works, once you start using them and you are given your recovery seed the wallet developers have no business with users, they have no right or whatsoever, only centralized wallets that requires email and password for login can ask people for KYC...


People need to stop using what they don't fully understand, it's why they are falling for stupid tricks
I don't see a problem of understanding here; Are you by any chance pushing for people to store coins on centralized wallets, on such wallets, any breach/hack and you lose your funds, plus there's already the danger of your KYC info being sold on the black market. Having said that, on decentralized wallets like ledger, you the user is in full control and you don't need the devs to have any 'business' whatsoever with you, other than keeping you private info you used upon online purchase secret, and mind you that even if there's a breach your funds are still safe, there's only a danger of a physical attack or if you give out your seed phrase, so I don't get your hype of centralized wallets.