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Author Topic: Real Problem With Ledger Wallet  (Read 53 times)
BitGoba (OP)
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April 10, 2026, 11:11:05 AM
 #1

In this video, a Bitcoin Security Expert explains why using a Ledger wallet may not be the best choice. It’s especially useful for beginners who want to understand the potential risks in a simple and clear way.

https://www.youtube.com/watch?v=v4JGLTaqbGs

If you know someone who uses Ledger, send them this video immediately.

Laura Mitchell
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April 10, 2026, 11:57:14 AM
 #2

Seen a few similar opinions about Ledger. There are some fair points, especially regarding trust and firmware, but calling it a bad choice overall is already too much. Nevertheless, it’s still much safer than leaving funds on exchanges.
Zaguru12
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April 10, 2026, 03:51:45 PM
 #3

In this video, a Bitcoin Security Expert explains why using a Ledger wallet may not be the best choice. It’s especially useful for beginners who want to understand the potential risks in a simple and clear way.

https://www.youtube.com/watch?v=v4JGLTaqbGs

If you know someone who uses Ledger, send them this video immediately.

Personally I think anyone who actually still needs this information here to actually stay away from ledger wallet will be definitely a total newbie or some who seriously is never negligent and doesn’t values his bitcoin security, the video has explained somethings which has been the most warned about issues here for the past few years about ledger hardware. From their data breaches to their close source been an alarming warning to the most ridiculous means of wallet recovery. Combine this then using ledger wallet is no different from using all those in built exchange wallet because you’re definitely not using a self custody wallet.

Don’t get me wrong OP this is great information for outside forum consumption most especially the X social media platform were ledger is usually recommended due to their promotion their. But for any long term forum member this warnings are all over the forum,

I will rather use an electrum on my old device as airgapped (even though they might be flaws) than actually go for ledger now

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April 10, 2026, 04:10:10 PM
 #4

~snip~
I will rather use an electrum on my old device as airgapped (even though they might be flaws) than actually go for ledger now


It is the safest way to create a wallet, and if you store the seed in the appropriate way, you don't have to be afraid that someone will hack you or that you will become a victim of something as trivial as clipboard malware. Hardware wallets are a good thing for anyone who wants more security for their coins, although there are exceptions which are discussed in this topic.

I would honestly feel safer with a hot wallet on a desktop computer than with any Ledger device considering all the bad things that have come from them over the years.

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Zaguru12
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April 10, 2026, 04:17:54 PM
 #5

~snip~
I will rather use an electrum on my old device as airgapped (even though they might be flaws) than actually go for ledger now


It is the safest way to create a wallet, and if you store the seed in the appropriate way, you don't have to be afraid that someone will hack you or that you will become a victim of something as trivial as clipboard malware. Hardware wallets are a good thing for anyone who wants more security for their coins, although there are exceptions which are discussed in this topic.

I would honestly feel safer with a hot wallet on a desktop computer than with any Ledger device considering all the bad things that have come from them over the years.

Yes a properly set up hot wallet in an airgapped device is actually the best method provided the device is completely airgapped that is it has never been online before or would it go only again, and provide the hot wallet is also open source and can sign transactions offline. It’s far more better in my opinion than a hardware wallet because I am confident on my device my self any developer

The reason why i compared this type of wallet with ledger is because I said old device which means it’s not totally airgapped since it might have visited the internet before and could have contacted something I wouldn’t know. Which makes it less secure than a proper airgapped device but still better than ledger to me

FinneysTrueVision
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Today at 06:26:57 AM
 #6

If you are a frequent user of the forum, then you are probably already aware of the many issues with Ledger. If you were using Ledger hopefully you have already moved your funds to something that is more open and secure. The video brings up a good point about Ledger being more focused on how they can get more money out of you than on improving their product. Ledger has done everything possible to destroy their reputation, so anybody that is serious about protecting their assets should avoid them at all costs.

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