Quote from: DaveF on Today at 01:16:17 PM

~snip~

Seed plate in a secure spot and done. Is it really that difficult?

Not your keys, not your coins. Give your keys to someone else....not your keys anymore.

-Dave

I agree with your point. Currently storing your bitcoins in a seed plate or an air-gapped device that you personally own is the best and most secure option.

Trust in hardware wallets has become a concern after this, so it's better to keep peace in your mind and use something that you own to store your BTC.

Quote from: o_e_l_e_o on Today at 01:50:51 PM

We conveniently already have a name for a hardware wallet which can expose your seed phrase to the internet. It's called a hot wallet.

Indeed, with a simple firmware update the Ledger Nano seems to function more like a hot wallet rather than a hardware wallet that keeps your private keys offline. This shift essentially turns it into a free hot wallet, which is scary since it involves transmitting your seed phrase and wallet information to third-party entities.

I wonder what they're thinking about when they're doing this?