Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
⭐ Merited by vapourminer (1)
But we can't also prove that there is no flaw either, and I personally WON'T gamble my Bitcoin savings on it by storing them in a hardware wallet that has closed source firmware. I'll probably use it for shitcoining very small amounts of Bitcoin through Magic Eden Runes market merely because I have already ordered it. But if I remembered this topic before I purchased it, I probably will not buy it.
Your way of thinking is exactly right.
Even if there isn't a flaw, there's no way to know if Ledger will leak their code again, giving hackers the chance to reverse engineer it. And there's no way to know if a future firmware update will introduce a bug that could give hackers access.
With closed source code, there are too many unknowns.
And after a company lies to their users, there's no way to trust them.
I learned another lesson, the HARD WAY.
But you learned it, which makes you wiser than those who never do.
My Ledger JUST ARRIVED! 👀
The box is very nice, the packaging is also very nice, and I like the color I ordered. It would be a waste if I merely throw this away, and it would be very irresponsible to give it to someone.
I will use it and I will send it merely $1,000 as the maximum amount for shitcoining Runes. If my coins are stolen, the people of this topic will be the first people to know.
