Ledger no, because it is closed source and actively malicious.
and you have stuff like this:
https://www.coindesk.com/business/2023/12/14/defi-protocol-sushis-cto-warns-of-possible-exploit/It confirmed that a former Ledger employee fell victim to a phishing attack, which allowed a hacker to insert malicious code into Ledger's Connect Kit.
Imagine that, you lose your money because some employee was dumb and let someone else put some wallet draining code into the Ledger. Software attack. I guess part of that wallet draining code had the hacker's Ethereum address so it could send everyone's tokens to him or her. that's really bad security on ledgers part that something like that could even be theoretically possible.
Trezor maybe since it is open source, but there are a variety of reasons I don't trust Trezor as a company so I'm never going to buy one of their products.
plus they're kind of pricey too. but all hardware wallets seem to be really pricey these days. what's the problem with Trezor as a company though, just curious.
I would use an entirely open source hardware wallet like Passport, though, where I can see exactly how it is generating its random numbers.
so if you were storing $1,000,000 (or whatever you consider to be a large amount of money
) you wouldn't have any issue slapping in 2 AAA batteries into it and the first seed phrase it generates you go with that one? what if there was some type of electronic glitch?
This is one of the reasons I'd never trust a hardware wallet with a lot.
Yeah I can see why. I don't think I could either. Imagine losing all your bitcoin and then saying "if only I would have just flipped a coin..."
But the solution, at least for this part, is simple: create your own seed from flipping coins.
so you can create your seed phrase by flipping a coin and then use that on the hardware wallet? they let you put in your own seed phrase, i'm assuming. would that be an acceptable thing for you?
it means you have to start all over again. i guess.
