@lighty5738
The criticism about Ledger is not the service itself, but the fact that Ledger always said in the past that the seed will never and under no circumstances leave the device. NEVER. The criticism about Ledger is the fact that Ledger changes the rules for existing devices afterwards. Every Ledger device will have the Recover logic implemented once the firmware is updated, no matter if you use it or not. Only because you don't use it does not mean an attacker cannot use it too.
@miket.8289
Nice video. Great discussion. Keep up the good work
@asteriskesque
The issue isn't "Recover." The issue is, Ledger added key extraction APIs into the firmware for our cold wallets, which means our cold wallets aren't cold anymore. By definition, cold wallet means the keys can't touch the internet. Key extraction over the internet obviously means the keys can be accessed over the internet. And the fact that Ledger is lying about it means their word can't be trusted. So, key extraction firmware plus no trust equals Eff Ledger. I wish I could get a refund.
@nonshatter7
The visual representation of security vs convenience is very useful indeed.
@rufuspipemos
Another stunning video. This is a great channel.
@sacha9646
Hey Rhett I am new to this... So is a ledger nano s plus safe?
@jimbean8643
Is the old nano s not the plus safe from ledger recover
@baby333
Waiting on your Ledger Stax review video! or Ledger Stax vs Nano X, the last video like that was pretty fun :)
@teopostar6093
can you tell me what will hapened with uncnfirmed transacion, 3 weeks
@rufuspipemos
I am someone who really thinks multi-sig is a risk. I consider it the same as splitting a 24 word seed in different locations.... but just doing it with the device itself, which seems even more likely to have issues. Most people can buy a steel seed phrase backup and bury it in their yard and remember where to find it. But most people lose their car keys all the time. Burying your wallet is not really an option, so it is more likely the wallets get lost. And I bet most people who have 2/3 or 3/5 just keep all their wallets at their own home in a safe or drawer, which is itself a massive security risk. I think its a case of the theory being good, but the application being less secure in reality.
@RealMan96
Thank you very much for your useful information, this knowledge is very valuable. Thanks to your video, I know a safer option for my bitcoins that is a coldcard, this product is really new to me, I want to ask if I use a coldcard, does it need to update the firmware? as often as Ledger's? (this has been bugging me for a week since the announcement of Ledger's private key recovery service) And theoretically the coldcard manufacturer could use a any software to get the key my own (like Ledger uses the 2.2.1 firmware update to get the private key from my Ledger device without me having to enter it manually)?
@AdanFarrah
Someone said safePal is safer then Ledger now is that true
@ThomasJamesMcNamara
Did you say you're the CEO of CoinKite?
@Jeremybearmy
You tryina be Pomp? 😂 that cadence tho. 😅
@rufuspipemos
Lemme add one ... ETFs... higher up than Finance and Coinbase and just to their right on the security side, but still "Less Secure."
@MajesticLawnGnome
It amazes me how many people still leave their coins on the exchanges lol of all the places
@ahmayya24
Hello, I love your response and energy. You are very knowledgeable and all of your videos are very informative and educational. What are the total cost and what equipment or device is required for mining Bitcoin and SHIB Inu? Much appreciated ❤🎉😊
@robbatayaki5505
Ledger recover more convenient ? Why ? You still have a seed phrase to write and secure. Then there is the additional work of backing the sharded seed through their new option. This recovery option will most or the time never be used as most of the time you will not loose your seed (even if you have selected the recovery option). So it is more work.
@Taurus_King_NLR
Just don’t sign up for the recovery plan its a no go. But yes its as safe as you keep it
@RhettReisman