Quote from: Findingnemo on Today at 08:25:49 AM

Quote from: PrivacyG on November 10, 2023, 03:45:13 AM

Quote from: Findingnemo on October 11, 2023, 09:34:11 AM

So whoever wants to keep their crypto now should boycott Ledger as well as Trezor.

I do get the hate for Ledger but I do not understand why there is some hate here for Trezor too. Other than their Seed extraction vulnerability and the possibility of pushing a malicious version of firmware or Trezor Suite. Is there any thing I might have missed?

AFAIK, there is no security threat in the Trezor models but their censorship became questionable when their coinjoin partnership with Wasabi leaked users' addresses and they tried to hide by censoring users on Reddit and other platforms showing that they can't be trusted either.

Also, their hardware malfunctions become issues like LCD screens failing on multiple devices and lack of support from the team to make them be untrustworthy with my Bitcoin.

Related Threads

Coinjoin on Trezor Suite
Trezor problem!

In fact, no hardware wallet manufacturer can be trusted 100%. If the partnership with Wasabi was known, then there may be partnerships unknown (secret) to the general public. For example, with the government (this is not necessarily the case). It is unlikely that any of the manufacturers will advertise this, to put it mildly. After all, every hardware wallet manufacturer has a country of jurisdiction, in other words, production workshops, warehouses, work offices, and the like. That is, leverage can always be found to persuade a HW device manufacturer to partner, which means there should always be doubts about the reliability of any of the manufacturers.

It is not necessary to boycott Ledger or Trezor. You just need to be aware of the existing risks and take this into account when storing your crypto assets on these devices. The realization that one day, your money may not be on these hardware wallets. Who even came up with the idea that they (and others) can be blindly trusted?

Maybe the hatred towards Trezor arises because it is the largest competitor (one of the industry leaders) of Ledger. That is, when a company expands very strongly, it ceases to be customer-oriented, switching to money-oriented. And when the main goal is money, then you can expect anything from the manufacturer (being their client).