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Austin Campbell: Self-Custody Users Should ‘Over-Solve for Simplicity’ After Ledger Reseller Hack

Bits + Bips host Austin Campbell said self-custody users should prioritize simplicity, arguing that setups built on vendors and devices individuals cannot vet are where people got hurt in the Ledger reseller hack. Co-host Chris Perkins countered that intermediaries “may be wanted.” The remarks followed the breach of a Ledger reseller that exposed customer data.

Original source

AI take

The exchange cuts to a tension the self-custody pitch rarely addresses: hardware wallets still depend on a supply chain of resellers and vendors that users cannot audit, so the breach was less a failure of cold storage than of the trust assumptions around it. Perkins' counterpoint is the more consequential one for the market, since it frames intermediaries as a deliberate preference rather than a flaw to engineer around. Whether that view gains ground as reseller risk keeps surfacing is the open question.

Generated by AI for reference only.

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