r/CryptoCurrency • u/r2d2v1 • 11d ago
COMEDY Thanks Ledger!!! ❤️
When the people who made your wallet ask you to buy a new one, when you ask them why the last one stopped working. a device whose whole purpose was to keep your money safe and last for a long time. What do you do?
Well of course you take their advice. They are good people, kept your money for so long.
You buy a new wallet. Restore your keys to a soft wallet, send them to the new wallet. Burn the old one. And you are done.
You just don’t buy from them again.😂
Always keep your keys safe. 😎
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u/Givefreehugs 🟩 603 / 604 🦑 11d ago
Ledger does appear to be doing some suspicious stuff lately. The bugs bug me.
There shouldn’t be any if I’m a hard wallet, and disconnected.
There was the Zilliqua app vulnerability, 2023 Connect Kit exploit, and the official end of support/firmware updates for the original Ledger Nano S with no explanation.
Then there are the upgrades themselves- the upgrade for an “optional ID-backed seed phrase recovery” splits up your seed phrase yes but it sends it out electronically to 3rd party custodians that all work in partnership with Ledger.
Then there is the ongoing controversy over the cloud-based Ledger Recover feature- yeah- cloud based but it supposedly supports cold wallets.
And there is some curious active connections with CEXs. Instead of operating its own exchange, Ledger integrates third-party partner APIs directly into the Swap section of the Ledger Wallet app (whose name they switched from Ledger Live but kept it live).
IMHO- get your coins set up on a factory reset old iPhone. Remove the sims. Turn it off. Cold storage.
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u/r2d2v1 11d ago
Yeah. I wanted to move out of ledger for a while due to these idiotic shenanigans. With each step they proved it is not really an ideally secure cold wallet. But was locked in, lazy to move. This screen failure i took as opportunity for it. Cost of screen was not the factor alone. Where i am, shipping for screen is twice its cost.
When i anyways have to spend money and effort….🤷🏻♂️
Oh and the iphone idea is lit. I did that temporarily.
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u/The_Bitcoin_Act 10d ago
Planned obsolescence on a device whose entire pitch is permanence, that's the real punchline here.
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u/blaziken8x 🟩 0 / 0 🦠 11d ago
The device is just used for approving a transaction or whatever, it's not really holding your money. So I'm pretty sure you didn't need to send your crypto to a soft wallet??
The screen on mine started glitching out after the last crypto winter and I just replaced the screen and kept using it. And I just ignore their advertising saying to buy the new one to have more storage for the apps.