Crypto investigator ZachXBT criticized hardware wallets on Thursday, labeling them unreliable for signing transactions or securing significant funds.
He argued that all current hardware wallet solutions fall short on security and usability, rendering them unfit for high-stakes operations.
As an alternative, he recommended using a dedicated iPhone solely as a signing device, stripped down exclusively for wallet purposes. This method, he stated, provides superior control and fewer vulnerabilities than traditional hardware wallets, though he added the tongue-in-cheek caveat: “Only do this if you are not low iq.”
The investigator singled out Ledger as the worst offender, citing frequent Ledger Live updates that overhaul the UI and apps unnecessarily, often breaking basic functions. The post quickly ignited debate across crypto social media, with users sharing their own hardware wallet frustrations.
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