Opinions on the Ledger Nano S?

Its pretty shit you can only fit a few different coins on it

It does the job. The two buttons for the user interface that it and the trezor is kind of annoying and shitty.

I froze my Bitcoins at $18k with the ledger, so I am happy with it

this

Hackable shit. Hardware wallets are a black Swan waiting to happen.

Those $18k bitcoins have to be worth upwards of 100k now

Durrrr hurrrr blaeeugghh

Great argument goy. Both ledger nano and trezor are expensive and not secure enough.

you have 10 seconds to explain how a plastic gimmicky piece of shit is more secure than a vault on Coinbase

Attached: Screen-Shot-2014-07-24-at-12.23.43-pm.png (1151x676, 83K)

its surgically implanted 10 inches up my intestinal track along with a stainless steel plate with my private keys engraved on it

It's infinity more likely that coinbase gets hacked and all the wallets private keys get released than for everyone using a hardware wallet to get hacked. Sure a few retards who don't know how one works will loose some money but anyone who has two braincells to rub together won't get their coins stolen.

okay let me put it this way,
what's more likely to happen:?

1. doomsday scenario where coinbase gets hacked and all private keys leaked
2. a dumbass loses his usb key stick wallet and loses all his funds never to be seen again

>doomsday scenario where coinbase gets hacked
have you not been paying attention? Exchanges get hacked all the time.

Hardware wallets are probably the safest way to store coins, but they are still vulnerable. See

>a dumbass loses his usb key stick wallet and loses all his funds never to be seen again

If you're not able to keep the 24 words backup phrase and keep it secure then you're not using the tool properly.

coinbase banned me so i cant use them so its not secure for me fren

>Exchanges get hacked all the time.
everyone loves to say this but the only exchanges getting hacked are some backalley chink shit where 99% of people aren't storing their coins anyways

i guarantee you over 50% of people using these wallets would not be able to find their 24 word backup phrase after 1 year of ownership

losing the USB device doesn't matter, it's PIN protected and you would just order a new Ledger and then use your 24-word key to restore your wallets to the new device, rendering your original one useless.

Exchanges get hacked/exit-scam all the time. Often an exchange will issue some statement about how they had a vulnerability and a "hacker" stole your shit, but really it was an inside job and the exchange owners just took your money. It's naive to think this won't happen again.

>doomsday scenario where coinbase gets hacked and all private keys leaked

Almost all major exchanges got hacked in the past: bitstamp, bitfinex, bittrex, liqui
This is hardly an exceptional scenario.

And the whole point of crypto is that you control your own funds. If you ask Coinbase to keep it what the point? They can still freeze your funds if some authority ask them to ot if they have whatever suspicion on you.

>i guarantee you over 50% of people using these wallets would not be able to find their 24 word backup phrase after 1 year of ownership

Still you can't use the fact that some people don't use their hardware wallet properly as an argument to say these tools are useless.
If used properly they are superior to anything available to keep your crypto safe.

Not to mention hackers manipulating funds in exchanges like Binance. No exchange is actually safe.

more secure and simpler than the tamagotchi trezor, truly the patricians choice
I feel like if I pulled out a trezor and offered it to a client i'd get strange looks