Trezor and ledger don't manage your money or keys, that's you. First get a lesson what a noncustodial wallet is.
I just want to express that Hundreds of billions of dollars are managed through Ledger and Trezor hardware wallets. It's a huge temptation.
Of course there is no trust worthy of being given to any company, but in a situation where you have limited knowledge and no other options, then the decision to use it can be based on recommendations or reviews of mostly verified advanced users. There is no guarantee of absolute security in this type of wallet or multi-sig wallet, there is a definite risk especially from the user's side.
I cannot find a particularly secure way to store Ethereum tokens. This disappoints me. If I have to trust a single company to store Ethereum tokens, I don't consider it truly decentralized. These experiences have solidified my belief in investing only in Bitcoin in the future.
Why do you get into so much trouble? There's no need to overthink it. Just use a hardware wallet that's sufficient. Hardware wallets are very secure and support several cryptocurrency chains. There's no need to worry so much that's fine. Nobody wants to take any risks everyone wants to stay secure. In my opinion, using a hardware wallet would be a better choice.
Thanks. I have many hardware wallets, like ledger and trezor.
Where everyone else is thinking about holding Bitcoin or other coins safely, your thinking is a bit different. You are thinking about holding USD instead of holding Bitcoin or other coins like everyone else. From your decision, it seems to me that maybe you don't like to take risks and are content with what you have. Whether to invest or not is entirely up to you, here we discuss how to safely store USD. First we need to select a wallet with more security (Electrum wallet, Mycelium wallet, My etherium wallet). By choosing a wallet with more security, we can easily store USDT in that wallet by making a specific account in that wallet. But we must be careful that no one can know the private or secret information of our wallet only if our USD is safe in our account.
There may be some misunderstanding, so I have re-edited the message description.Thank you.
Where everyone else is thinking about holding Bitcoin or other coins safely, your thinking is a bit different. You are thinking about holding USD instead of holding Bitcoin or other coins like everyone else. From your decision, it seems to me that maybe you don't like to take risks and are content with what you have. Whether to invest or not is entirely up to you, here we discuss how to safely store USD. First we need to select a wallet with more security (Electrum wallet, Mycelium wallet, My etherium wallet). By choosing a wallet with more security, we can easily store USDT in that wallet by making a specific account in that wallet. But we must be careful that no one can know the private or secret information of our wallet only if our USD is safe in our account.
There may be some misunderstanding, so I have re-edited the message description.Thank you.
Where everyone else is thinking about holding Bitcoin or other coins safely, your thinking is a bit different. You are thinking about holding USD instead of holding Bitcoin or other coins like everyone else. From your decision, it seems to me that maybe you don't like to take risks and are content with what you have. Whether to invest or not is entirely up to you, here we discuss how to safely store USD. First we need to select a wallet with more security (Electrum wallet, Mycelium wallet, My etherium wallet). By choosing a wallet with more security, we can easily store USDT in that wallet by making a specific account in that wallet. But we must be careful that no one can know the private or secret information of our wallet only if our USD is safe in our account.
There may be some misunderstanding, so I have re-edited the message description.Thank you.
Where everyone else is thinking about holding Bitcoin or other coins safely, your thinking is a bit different. You are thinking about holding USD instead of holding Bitcoin or other coins like everyone else. From your decision, it seems to me that maybe you don't like to take risks and are content with what you have. Whether to invest or not is entirely up to you, here we discuss how to safely store USD. First we need to select a wallet with more security (Electrum wallet, Mycelium wallet, My etherium wallet). By choosing a wallet with more security, we can easily store USDT in that wallet by making a specific account in that wallet. But we must be careful that no one can know the private or secret information of our wallet only if our USD is safe in our account.
There may be some misunderstanding, so I have re-edited the message description.Thank you.
On a cold wallet, or better in cash. And USDT itself is not a stablecoin, USDC is better, there is also decentralized DAI
\
Thanks, USDC and DAI are better.
I think the easiest and best way is to use a non custodial wallet. There are different wallets out there. Like MetaMask, BitKeep Wallet and more. These wallets are safe and can only be managed or controlled by you.
On my opinion, mainstream hardware wallets, like ledger, trezor, bitbox, keepkey, are better choices.
What am I missing here? Which part isn't and when did they implement that? Their software and firmware are fully open since the beginning from what I know. All their repositories seems public so I would assume everyone could access and review it.
I am sorry that I do not have enough knowledge.
I ask GhatGPT, and the reply is:
However, despite the core code of Trezor being open-source, the hardware itself may contain proprietary components or chips that are not fully open. The functionality and code of these proprietary components may not be subject to public scrutiny. This means that even though the core code of Trezor is open-source, it is very difficult to completely ascertain the absence of backdoors on the hardware.