Post
Topic
Board Bitcoin Discussion
Re: People who don't use hardware wallets: Why not?
by
Ale88
on 08/12/2022, 04:44:49 UTC
Just purely out of curiosity. 99% of people who don't know how to properly create an airgapped device should be using hardware wallets.
There are many reasons behind that people are not using hardware.wallet. And let me show you these,
1) First Of All All people are not aware of Hardware wallets like ledge nano wallet etc.
2) hardware wallets are not cheap and they cost some hundred bucks. And low volume users cannot afford to buy these wallets.
3) most people do not trust hardware wallets.

As you can see it ranges from 150 to 300 dollars and that's the reason mostly people do not know about this.
Actually you can find the Ledger Nano S Plus for less than $80, and if you wait some holiday discount or Black Friday probably you can even get it for like $50, which is a very reasonable price. If people are not aware of hardware wallets maybe they shouldn't even be in the crypto world in the first place.