How not to invest: being your own bank with a Ledger device right now
Ledger says spy chip inside crypto Ledger devices, transmitted wallet keys over mobile network. I’ve been a huge advocate of self-custody. I still believe you should find a way to be your own bank, but you cannot do it with any of the commercially sold Bitcoin hardware wallet devices. Maybe in multi-sig where you have a number of them and a single set of keys from one of these devices is not controlling your entire net worth, but you cannot just buy a hardware device in crypto right now and take for granted that your assets are going to be safe. Cold wallet, hot mess. It’s really, it’s an existential crisis. The how not to invest is not to be your own bank with a Ledger device right now. I’ve had the Ledger guys on a lot. I’ll have them on again, but man, they have things to answer for.
#Ledger #SelfCustody
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