Join Bitcoin University Premium:https://www.bitcoinuniversity.comIn this video, I discuss the latest Ledger security breach, as well as Ledger's long history of hacks and poor security practices.Avoid altcoins and their scammy ecosystems.Also avoid hardware wallet companies like Ledger that provide support for scammy altcoins and thus increase their own attack surface.Serious Bitcoiners should never use a Ledger, but instead consider a Bitcoin-only hardware wallet like the Blockstream Jade or Coldcard.Not investment advice! Consult a financial advisor. Blockstream Jade hardware wallet:https://blockstream.com/jade/Coldcard hardware wallet:https://coldcard.com/Don't Use Ledger Hardware Wallets:https://www.youtube.com/watch?v=ZJSW16j1F_Q&ab_channel=BitcoinUniversityLedger still supports a lot of garbage coins:https://www.ledger.com/coin/wallet/ripplehttps://www.ledger.com/coin/wallet/shiba-inuhttps://www.ledger.com/coin/wallet/celsius-degree-tokenCelsius founder arrested:https://apnews.com/article/cryptocurrency-celsius-mashinsky-arrest-4b4296d01e15d171e51ad5bd94c19c7aLedger data hack:https://www.coindesk.com/markets/2020/07/29/crypto-wallet-maker-ledger-loses-1m-email-addresses-in-data-theft/https://www.nasdaq.com/articles/inside-the-scam:-victims-of-ledger-hack-are-receiving-fake-hardware-wallets-2021-06-17Ledger Live Tracks and Sends ALL User Information to Outsourced Data Harvesting Service:https://www.nobsbitcoin.com/ledger-live-tracks-and-sends-out-all-user-information-by-default/Ledger firmware is not fully open source:https://www.ledger.com/academy/topics/ledgersolutions/is-ledger-open-sourceLedger Connect Kit Exploited:https://www.nobsbitcoin.com/ledger-connect-kit-exploited/I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #ledger #crypto #bitcoin Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=hozDTWOOrnc