Why do people pay $70 for a ledger nano when you can use keepass on a $4 drive?
>>3100375
Because Ledger Nano S was on discount during father day weekend
>im not a father
reputation. Not everyone has the time or ability to verify the security of wallets. Better to go off social media hype and just pay the premium.
why even buy a hardware wallet if you can backup to paper
>>3100375
because you can't securely sign Txs on a $4 drive
>>3100375
>ledger
>supports dogecash, dash, zcash, fido
>not xmr
>vaporware
dropped
also, how are you storing your coins on keepass? backup wallet there?
>>3100375
You can google this but apparently it's for the security. You can apparently use the ledger nano on a computer with viruses and all that and it'll still be secure, so it's like a safe that nothing can get into. A usb is apparently less safe somehow.
I don't fucking care. I think the most safe is writing down your private key on a paper wallet. If you print the paper wallet, the printer temporarily stores your private key and you don't want that either so writing it down, the way you would make a Monero paper wallet is the safest way for Bitcoin too. And what's even better is you can encrypt your private key, then encrypt that into a password as well.
To answer your question, OP, it's all about slight paranoia over security.
>>3100375
The ledger nano seems to be the dumbest fucking thing in crypo, and there's some pretty dumb shit
>>3100507
Just save your private key as a password
>>3100569
>The ledger nano seems to be the dumbest fucking thing in crypo,
what's the alternative? maintaining an airgapped computer and transferring your signed Txs back and forth? That's more expensive and fucking annoying
>not having an airgapped raspberry pi running tails in a safe buried in your garden
>plebs
>>3100375
What animal is that
>>3100507
Not trying to defend NANO S her debut they are working on support for Monero. Should be done around September.