And how do I do that? I can't check the source code of Ledger. Neither can most of the clients of Ledger. Should they all go and study to become back-end developers to verify the truth (or lies) of the claims about the source code of this hardware wallet?
I didn't mean that you should go and inspect the source code and read what it does. 99% of all users can't do that anyway, regardless of the nature of the product (open or closed-source). But you can check if it is open-source or not. Try to build everything from the source code and you will notice that it won't work. Contact Ledger and ask them how to compile the firmware from source and they will have to tell you that it won't work, come up with some alternative stories, or ignore you. If you continue researching, you will come to the conclusion that the firmware is closed-source and you can't do it. 
Topic: 10% discount on Ledger hardware wallets (Read 670 times)
Ledger prints "WE ARE OPEN SOURCE" on the box of a closed source device that runs closed source code. That's fraud. It's like printing "WE MAKE HEALTH FOOD" on a box of poison because the company that makes the poison also makes health food.
Most consumers take what is written on the boxes as the truth. I am sure that some Ledger's users now believe that this device has the source code. Such is our reality.No, everyone doesn't. We do, but most of their customers probably have no clue.
As the old saying goes, "don't trust, verify." We live in an age where it has become mandatory to check all claims and promises.
Some Ledger devices come in packaging that says "WE ARE OPEN SOURCE," which is intentionally misleading if not outright fraud since the device runs closed source firmware.
I forgot about this but nothing surprises me with ledger aanymore 
There is a strange tendency of some hardware wallet manufacturers to always mislead and lie their customers.
But wait, now it's the time to trick people with another new Flex device... and they didn't even ship all previously ordered Stax wallets
No, everyone doesn't. We do, but most of their customers probably have no clue.
As the old saying goes, "don't trust, verify." We live in an age where it has become mandatory to check all claims and promises.Yes, I know. But it is intentionally misleading, and they know it. They're printing intentionally misleading information on their boxes to trick people into thinking the device in the box runs on code that is open source, or worse, trick people into thinking the device in the box and the code for that device is 100% open source, none of which is true.
Of course it's intentional. Most marketing nowadays is bullshit and completely misleading. Have you ever checked the ingredients of a protein bar that is supposed to be a healthy alternative for athletes who want to build muscles or lose weight? It's full of sugar and sugar replacement substances, but the packaging shows you lean bodies with no body fat. If you have money, you can get away with anything. Ledger has money. Even fines are acceptable because they are usually way lower than what you earn from selling your products and/or services. 
Everyone knows that their firmware releases are closed-source.
No, everyone doesn't. We do, but most of their customers probably have no clue.
The open-source claims are misleading, but they refer to Ledger's app development porta - the native and 3rd-party crypto apps. Those are open-source.
Yes, I know. But it is intentionally misleading, and they know it. They're printing intentionally misleading information on their boxes to trick people into thinking the device in the box runs on code that is open source, or worse, trick people into thinking the device in the box and the code for that device is 100% open source, none of which is true.
Ledger prints "WE ARE OPEN SOURCE" on the box of a closed source device that runs closed source code. That's fraud. It's like printing "WE MAKE HEALTH FOOD" on a box of poison because the company that makes the poison also makes health food.
Ledger is dirty. They can't be trusted.
Some Ledger devices come in packaging that says "WE ARE OPEN SOURCE," which is intentionally misleading if not outright fraud since the device runs closed source firmware.
I think all of their devices are shipped in boxes that contain similar claims of open-source. My old Nano S box also says "open-source and developer-friendly". Everyone knows that their firmware releases are closed-source. The open-source claims are misleading, but they refer to Ledger's app development porta - the native and 3rd-party crypto apps. Those are open-source. Developers of other coins and tokens can submit open-source apps that will eventually find their way to Ledger's app manager if accepted. Of course, Ledger is playing word games here, making it sound that each part of their architecture is open-source. If someone were to question them about it, they can always say what I just said: we were talking about our crypt apps, the development portal, and/or Ledger Live.
The product description for their newest Flex hardware wallet says something like, you sign what you see... whatever that means.
Some Ledger devices come in packaging that says "WE ARE OPEN SOURCE," which is intentionally misleading if not outright fraud since the device runs closed source firmware.
Nothing Ledger says can be trusted.
Ledger is not a good company. I wouldn't even be willing to shake the hand of anyone who works there. I have no respect for them at all, and I question the trustworthiness of anyone who does. Crypto as a whole has too many liars and scammers, but even worse, too many good people who know better look the other way instead of calling them out.
https://x.com/Ledger/status/1737457365526470665
"We are 100% focused on following up to last week’s security incident, making sure incidents like this are prevented in the future, and that the ecosystem remains safe.
We are aware of approximately $600k in assets impacted, stolen from users blind signing on EVM DApps.
Ledger will make sure victims affected will be made whole, and are committing to work with the DApp ecosystem to allow Clear Signing, and no longer allow Blind Signing with Ledger devices by June 2024."
"We are 100% focused on following up to last week’s security incident, making sure incidents like this are prevented in the future, and that the ecosystem remains safe.
We are aware of approximately $600k in assets impacted, stolen from users blind signing on EVM DApps.
Ledger will make sure victims affected will be made whole, and are committing to work with the DApp ecosystem to allow Clear Signing, and no longer allow Blind Signing with Ledger devices by June 2024."
I know some will disagree, because for some odd reason people love trusting brands, but I think it's irresponsible to recommend Ledger now that they're using key extraction firmware. I really hope newcomers do their homework before buying a hardware wallet from any company. Make sure the hardware wallet is 100% open source. If even one line of the code isn't open source, the code can't be trusted.
Someone once said that it's easier to fool people than to convince them that they’ve been fooled That applies for ledger devices, different brands, and for everything else we see in everyday life.
I tried to expose ledger for a long time but some people just don't care and they want to believe their fantasy... until they lose coins and ledger say SORRY once again.
$0 -20% = $0
You also have a shot at getting 100% off your Bitcoin stack someday by trusting Ledger.
I know some will disagree, because for some odd reason people love trusting brands, but I think it's irresponsible to recommend Ledger now that they're using key extraction firmware. I really hope newcomers do their homework before buying a hardware wallet from any company. Make sure the hardware wallet is 100% open source. If even one line of the code isn't open source, the code can't be trusted.
I know some will disagree, because for some odd reason people love trusting brands, but I think it's irresponsible to recommend Ledger now that they're using key extraction firmware. I really hope newcomers do their homework before buying a hardware wallet from any company. Make sure the hardware wallet is 100% open source. If even one line of the code isn't open source, the code can't be trusted.
Ledger currently has an ongoing 20% discount for their colored Ledger Nano hardware wallets and the seed extraction Ledger Recover feature. To take advantage of it, you would need to enter the code "COLOR20" during checkout. The discount only applies to the models in colors Pastel Green, Amethyst Purple, and Retro Gaming. Discount or not, I wouldn't recommend sharing your seed or using the Ledger Recover vulnerability.
Of course it doesn't. Why would they bother to mention a major detail like that when they've already established a precedent of omitting even more important, fundamental details about how their devices work? Fuck them and the diseased horse they rode in on, their partners, and I hope the company is headed toward insolvency (though there's no chance in hell they would give so much as a hint of that and would only announce it after all the bankruptcy paperwork was filed).
I have to agree with you about the forgetting to mention important information or deliberately omitting the ugly truth part. But I remember that some of their past marketing emails contained more information, including the exchange service the promotion was connected to. But don't take my word for it. Memory is a bitch. Regarding the insolvency part, I don't think that's happening any time soon. Of course it doesn't. Why would they bother to mention a major detail like that when they've already established a precedent of omitting even more important, fundamental details about how their devices work? Fuck them and the diseased horse they rode in on, their partners, and I hope the company is headed toward insolvency (though there's no chance in hell they would give so much as a hint of that and would only announce it after all the bankruptcy paperwork was filed).
Don't rush to bury this sick horse. This company has been staying afloat for quite a long time despite the numerous troubles they have subjected their customers to. They have a very sly marketing department that can sell any trash. So, I assume that they are not in danger of bankruptcy. For now. This company will figure out something to extract profits from its naive users.And yeah, they probably are getting pretty desperate--not for growth, but to get back to the pre-Recovery-announcement sales figures, which I assume were higher than they are now given how many very pissed off people I've seen posting here and on reddit. Eh. They get what they deserve.
Posts here and on reddit are not an objective assessment of the number of dissatisfied ledger users. I am sure that many more simpletons and newbies will buy their devices thanks to marketing tricks. Even thanks to that referral program.It’s only us who remember about the ledger’s screwups, because it happened almost before our eyes and this is not the first time we are discussing this, so we won’t forget about it. Newcomers to the cryptoindustry have passed or will pass by these news and discussions, which is why they will not know what kind of shit they got themselves into with the purchase of ledger's hardware wallets.
The email doesn't mention, though, if the BTC is connected to one of their partner swap services/exchanges, etc.
Of course it doesn't. Why would they bother to mention a major detail like that when they've already established a precedent of omitting even more important, fundamental details about how their devices work? Fuck them and the diseased horse they rode in on, their partners, and I hope the company is headed toward insolvency (though there's no chance in hell they would give so much as a hint of that and would only announce it after all the bankruptcy paperwork was filed).And yeah, they probably are getting pretty desperate--not for growth, but to get back to the pre-Recovery-announcement sales figures, which I assume were higher than they are now given how many very pissed off people I've seen posting here and on reddit. Eh. They get what they deserve.
I have no doubt at all that there are a lot of people who are ready to advertise Ledger if it means they will earn $10 or $20, because unfortunately for some it is a significant amount of money. If someone manages to get only 5 referrals, that's already a solid salary in some third world countries.
As for the information about how much money they have already distributed in that way, I would not take it as something serious, because considering the honesty in that company, any information that appears is either incorrect or exaggerated. Fortunately, we are not in 2017 anymore and we have a large selection of HW on the market, the dust you will get is simply not worth your security and privacy.
As for the information about how much money they have already distributed in that way, I would not take it as something serious, because considering the honesty in that company, any information that appears is either incorrect or exaggerated. Fortunately, we are not in 2017 anymore and we have a large selection of HW on the market, the dust you will get is simply not worth your security and privacy.
IIRC, in the past it required them to redeem it in one of their third-party platforms and a lot of users faced various types of issues, so hopefully it'd be different this time.
It might be something similar this time as well. To get your BTC, the new customer will have to obtain a code from a gift card that Ledger ships together with the device. That code will have to be redeemed in their Refer a Friend section in Ledger Live. I am looking at the detailed instructions as I am writing this. It says, that the gift card will be in 'pending mode' for 30 days, and only after that period expires will it be possible to claim the free gift. The email doesn't mention, though, if the BTC is connected to one of their partner swap services/exchanges, etc. 
while the new customer receives a $20 bitcoin voucher.
IIRC, in the past it required them to redeem it in one of their third-party platforms and a lot of users faced various types of issues, so hopefully it'd be different this time.- BTW, given the fact that they've doubled the reward for their new customers, I think they're quite desperate now!
Ledger is again giving away free bitcoin for referring someone to purchase one of their hardware wallets. The offer is available until 29 January.
They give the person who referred someone else $10 in BTC, while the new customer receives a $20 bitcoin voucher. According to what they wrote in the promo email, they have already given away almost $200k in these promo events they held in the past. If it's true, they are still generating user interest despite all the mistakes they have made in the past.
Selfish financial interest, even as insignificant as $10, will encourage to recommend and advertise Ledger. Even their past fuckups won't stop this.They give the person who referred someone else $10 in BTC, while the new customer receives a $20 bitcoin voucher. According to what they wrote in the promo email, they have already given away almost $200k in these promo events they held in the past. If it's true, they are still generating user interest despite all the mistakes they have made in the past.
Referral programs, on the one hand, are good because they allow to receive a reward for recommending a good product, but at the same time, the desire to earn extra money creates the desire to offer something that is far from the best (a safe wallet for storing crypto assets) for the sake of obtaining material benefits.
It would be interesting to see how many people have signed up for their Ledger Recover vulnerability feature and how much money it has brought them.
Perhaps Ledger will share this information (as far as it is objective) in the future using it for advertising purposes. If there are many users of Ledger Recover service, then this can motivate others to use it too. But the financial aspects (the real ones) are unlikely to be disclosed. Jump to: