Post
Topic
Board Bitcoin Discussion
Re: are crypto owners naturally paranoid?
by
SFR10
on 13/11/2021, 10:54:17 UTC
I ordered a ledger nano X
and I look forward to experimenting with the ledger nano X.
You should've done more research, prior to purchasing a hardware wallet from a questionable company: Ledger Nano X Battery Pandemic

In addition if there is a security breach, it seems like there would be a better chance of you coming out whole if your funds were on an exchange.
Looks can be deceiving [unfortunately]!

Perhaps in the future when crypto is more mainstream, crypto assets will be insured and backed by the banks and that will make cold wallets obsolete, or maybe I have no idea what I'm talking about.
That would never happen! You might want to refer to some of the risks other users described earlier [e.g. freeze and etc...] + most users, prefer to be a "crypto owner", as opposed to being just a "crypto user" [the former requires you to have "full control" over your funds]!