People were mocking me when I was saying HW wallets were money traps and I see more and more "fuck ledger", "hw wallets suck" posts lately. The fundamentals are still the same as it was 10 years ago. HW wallets still suck. It is because paper wallets exist. If you want to stay "offline" you can do that if you create your keys on a laptop with no wireless card. If you want to stay "online", you can do that with a netbook/laptop too. If you want mobility, just write down your keys/seed words on a piece of paper and take care of it. If you think you can't secure a piece of paper, you shouldn't be using crypto in the first place. I am glad I've never spent any sats on these crap. I've done many stupid purchases but hw wallets ain't one of them.
Hardware wallets: A solution looking for a problem.
They are a convenience. I can have a wallet that lets me see incoming transactions, generate new addresses to give to people to send to me and so on and then with that same wallet be able to SEND transactions without ever having to expose my private key to an online device.
Yes multi-sig will work as will an offline signing laptop.
But those are more work then a hardware wallet when most of the time it's just click -> enter PIN -> sign -> done.
The old ones just seem to have been made better.
My ColdCard MK1 still works. My probably close to 8 year old keepkey still works. Up until the gravity bounce test my old Keystone was perfect.
-Dave