The Truth About Ledger! vs. Real Security.

How affiliate links play a part in every narrative including mine.

All my affiliate links are not hyperlinked in this article intentionally so you can safely read that they are legitimate. If will ignore all the advice I am about to browbeat you with today and go back to much prettier hyperlinks in future articles to conform with the industry hypocrisy because well… it looks nicer and if you hover your mouse over any hyperlink like you always should, you are safe. And with that out of the way let me preface this article with a very well articulated video that frankly I could not top to frame the latest Ledger wallet issue of we are phasing out support for the Ledger Nano S, but never told their customers, now buy our new device - even though we got hacked and your information is now available on the dark net to buy and you may have no access to all your crypto and lose your future generations million - just for us as a company to make an extra buck.?!

This video will give you the context, followed by some of my thoughts after:

It is important to know when adding a "hardware Wallet", you are adding a counterparty or third party software that is questionable. I hear people say you must get a hardware wallet for "security". Are you are opening up another attack vector, an extra layer of complexity for yourself, that does not address the number one way you will lose your funds if or when you fall victim to this.

Which is..

By the vast overwhelming majority..

"..all compromised wallet thefts are by being tricked into clicking on a phishing link to go to a fake site and connecting your wallet..."

You are the weakest link! Period!

You click on the fake site and whichever hardware wallet you own is pulled out and authorized by your dumb-ass because that step is what you have been accustomed to without thinking.

The slippery slope is your apathy that because you took these steps your security is "next level" and you create a false sense of security, and now you can relax right?

No, not at all.

You actually decreased you security. Yes, people are at greater risk of being targeted by hackers because they talk up their bags, they are a personality and they basically paint a target on their head from opening their mouth about their holdings or trust friends and family with sensitive information about their holdings and absolutely should add as many layer of security that is feasible.

But for the average person, the number one thing you can do is not fall for legitimate looking links and websites, bookmark your regular genuine official websites/dapps to get out of using Google search results links or god forbid, ever clicking on a link in any communication from any electronic communication.

Yes, this will do more that any other risk mitigation tactic. Keep you mouth shut to the extent of all information is on a need to know basis. Never click on any links in any communications whatsoever in your process unless you just triggered it yourself as a 2FA after entering your password or submitted a withdrawal request yourself.

And if you want to find some middle ground, you can use a Safepal.com (https://www.safepal.com/store/s1?ref=silver) phone wallet that can clone itself into a Chrome extension that requires every transactions done on Google's chrome/Brave/whichever on your computer be authorized by entering a pin on your phone.

So you can tell Google to piss off with their leaks and hacks.

You can tell Ledger where to go too.

And you can get rid of hardware wallets unless you know you may be a know target, in which case you can add an air-gapped hardware device as an extra layer for the Safepal (https://www.safepal.com/store/s1?ref=silver) set up I just described.

Note: If you say heel yeah I am going to all or some part of this. Be sure to import any wallets you use to your phone first so your Chrome wallet extension is the slave and also saves importing everything twice. And if you are using the air-gapped hardware wallet, that is your seed's master and both the phone and the Chrome wallet extension/s are the slaves.

Of course you could do some or any variation of this with any similar products that you particularly trust as I do Safepal (https://www.safepal.com/store/s1?ref=silver), but if you got anything out of this explanation, if you are not in the public eye just keep your mouth shut about what security you use, how much crypto you have, don't give access to family/friends, layer in transactional to your phone if you want extra security if people have access to your work or home computer, and never click on links unless you just triggered it yourself as a 2FA.

You would not day dream staring trance while while driving your car because it would be careless with your family's future in your hands, nor should you do that when operating your wallet. Although not life or death at stake, your families future prosperity is, and if you can't turn on your brain with operating the machinery, catch a proverbial Uber.

More on closed, secure, system strategy automation in a future post.

For now, keep your brain switched on, don't click on any links and stay safe. Don't overcomplicate your life adding solutions to problems that are not your battle.

Silverbacked