Can anyone else please confirm my hesitation with the Best Buy purchase?
Yes, your hesitation is appropriate.
Best Buy allows third party purchases and anyone can try to sell an item of theirs through the platform, this makes it possible for someone to sell a flawed device or one with a set of preset keys which can allow them possibly steal funds which are sent to it, if the user does not wipe the device first.
But who knows, how can you trust anyone? How can ledger not even be questioned? They have in the past but have continued to be one of the best cold storage hardware wallets. Recently the old micro 5 bit Nano S option isn’t even available on their site anymore. He also went with the bluetooth ledger one, which I also told him was much less secure. But it appears that they changed them all. Can someone tell me what is the currently the ledger wallet that is most secure? If not Ledger then what is the best cold storage wallet in your opinion & what facts do you have to back that up?
Ledger should infact be questioned. In crypto, you do not trust you verify.
• Question how their products are closed source and it is impossible for buyers to verify the code which it runs on, leaving risks for hacks,
• Also question the durability of their products.
I personally don't use ledger and refrain from suggesting a hardware wallet to use, as it's a delicate business.
Do your own research based on what you prioritize in a hardware wallet and make your decision.
I think ledger wallet is for those people have larger money I mean from 100k dollars plus value.
With a Bitcoin holding worth $1k, buying a hardware wallet is a shrewd decision, considering how much they are worth relative to it. If you go as high as $5k, then it becomes a necessity.
