Developer Austin Griffith is advocating for higher-priced hardware wallets, arguing that the cost of securing significant crypto holdings should reflect the value being protected. Griffith questions the logic of using $100 devices to store $20 million in assets, suggesting that a $5,000 price point would be more appropriate for high-value security.
Griffith posits that a higher margin on premium devices could enable better security features and business sustainability. His comments come amid ongoing issues with Ledger resellers, highlighting concerns about supply chain integrity and the true cost of reliable self-custody infrastructure for substantial cryptocurrency portfolios.
Austin Griffith Argues Against Cheap Hardware Wallets Amid Ledger Reseller Issues
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