Post
Topic
Board Bitcoin Discussion
Re: People who don't use hardware wallets: Why not?
by
buwaytress
on 08/12/2022, 12:50:41 UTC
In addition, the very fact that you have a Ledger or Trezor indicates that you have a cryptocurrency.  This information can be used by attackers.

You may very well already be advertising you likely own Bitcoin simply by: having a forum account, KYC'd at an online service, even Tweeted about Bitcoin.

A hardware wallet used properly already prevents wannabe attackers from accessing it online. I'd wager the number of people falling victim to Bitcoin theft from a hardware wallet wouldn't show up on a pie chart of ways people lost their Bitcoin to thieves.