The funniest parts of the Ledger fiasco!


Cryptokin we love you!! Thanks for hitting the Pub0x to laugh your mighty Watch Army's way to a better future above fiat abuses!   

But ya know, the funnies are the most important part of THAT equation!! And Ledger has provided a tragicomedy in multiple parts!!! It's hilarious. 1d6d989b4d6c9fa756d1c340dc920f81491929443f9d110485aadccb91b7eb80.png

Ledger was by far the most popular hard wallet, with a huge early mover advantage and cost effective offerings, thumping Trezor as the other serious contender.  

Then Ledger started getting all fancy, enabling wallets for Binance chain (smart and cool) and what hey?  Ripple Labs, XRP propellerheads AHOY!!  WTF, what do we know, OK, hey it's Merican to balance Binance ar ar ar !!   

Ledger now has totally hardcore secure fanatics,  offline cold storage mavens!1 & They  are all staking chitcoins on Binance ?? ah HA HA HA HA!

Ok, that's funny right there.  Sounds like marketing product scope creep to us.  Can you say brand conflict sure you can!!  Give us Aunt Jemima motor oil with that please ar ar ar!!  But don't ask us, Ledger was motoring along, big #1, when they dropped the keys recovery scheme on the world.

Reading music - Sugarfix knocked our musical brain totally off track with that Katzenjammer concert.  We tried to find an accessible Katz clip we liked.  But SO far off track - we ended up here!! TLDR: as a soundtrack for this public relations DISASTER, this track makes a lotta sense!!  love it ar ar ar Sugarfix see what you made us do!! anyway 

 Suddenly the brand identify problem BACKLASHED on ledger.  WTAF said the world!! Dear readers remember how funny it is that one of the custodians would be a software escrow company ah ha ha ha ha!!!  Lame lame lame!! but the fundamental, huge elephant in the room funny - 

 This whole feature violates privacy rights on your cold wallet.  If Ledger is able to get your keys on command, then they HAVE to GIVE THEM TO THE LAW ON DEMAND!!!  for example.

Hey Trezor, LIghting wallets Electrum, end to end solutions like Copper, have a laugh and a big chunk a market share!!   We can't laugh at Ledger's stock price cuz they are a privately held French firm, which makes all this even funnier!!  

456f718a33b8d23971eeb27eab9e72ba8d3ef04bb6e12b7d0a6122cec8583540.pngTLDR: Ledger responded in an amazingly $(#U#$ up way - basically - "Hey, look at all the features you had!!  CLEARLY you ALWAYS had to TRUST us to never sneak in code that whisked away your keys!!'  AR AR AR !!! & the rest is public relations history!!   Did they REALLY SAY THAT !?!?!? daf22985058e08b012a9cc481074569f3c6e7045e4cc6463ff95f61fd30516af.pngTLDR: ah HA HA !!  Yes, the second faux pas was delivered to the market by SUPPORT!!  ah HA HA HA HA!!

Get's WORSE tho!! Ledger deletes that tweet!! invoking the Streisand effect!  so that now EVEN WE notice it & laugh!! ah ha ha OMG.

In the NEXT scene in this slapstick, the CTO weighs in AND SAYS THE SAME THING!! Ah ha hah ha!! No!! did he REALLY?? 92ec1fa09b286a1b0b07511ed36c62302801527a88143a5c089ac819b6fb5964.pngOMFG the eeeediot DID!!  Chas G, what a tin ear!! Not ONLY did Chas say "you must trust us" !!  Chas went on to like, show OFF what a smart arse  CTO he was with THIS list!! 01aa8c748dcf4bd3b1425e310e1240836e085f75c5ac98185e079388150fb803.pngOOHHH Chas, chas.  When yer in the C-Suite, NEVER say the quiet parts out loud ah HA HA HA HA HAH!!  

Predictably, the Interweb continued frothing at the mouth & losing their ($#& mind

26275692439d297c68cff950fe9fc6f7d83a4e2463dfbd8ea84c4553375d1e44.pngTLDR: ah ha ha ha ha!!! So we are all caught up, right?? NO!!  

Ledger team don't know HOW to stop!! 244926f86b0b5aef6b9c873c554a81499ae47b36c3c5dccddc15dd78cc401d29.pngah ha ha ha!! TLDR: the EX ceo weighs in !! Because he's sad to see the hate on Reddit!!  No, really 1a8b976cb766153985f7737bd09f2dc33e8a33b954ca746fb213e30c66cbb2f7.pngTLDR: what WHAT ?  Ledgers getting destroyed on Reddit?? AH HA HA HA HA!! STREISAND EFFECT LET"S GOOOOOOOOOOO!!!

yes baby YES!! 176e297a807af11fd56d472364a4627f3cabbd511873c1b882b0971ef8d78b37.pngTLDR: ah ha ha ha can anybody here PLAY this PR GAME??? ar ar ar aroo0000OOOOO!!! 

To add insult to injury, the ex CEO also had to say Ledger is not trustless. ar ar ar !! 

We love you cryptonauts!!  Could there be another installment in the Ledger comedy of errors?  we can only wait and laugh 

Take superlative care of yourselves and those around you!! 

Keep referring those recruits, your mighty watch army is rising!! 

@davidsawyer follow us we will follow you!!

Peace out, 

Love

Dave  

 

How do you rate this article?

28


Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!


Hi, I am Dave, and I just got hooked on crypto !
Hi, I am Dave, and I just got hooked on crypto !

After decades motorcycling in NYC to work on Fintech and play punk rock, I just woke up to Cryptocurrencies and fell in love like never before! Blogging for the hell of it while learning my way through this awesome, deeply revolutionary evolution in money. Join us while we laugh and flip off the central banks and their currency debasing governments! Stack sats to the Moon, Lambo, don't reck, FUD, FOMO, wild wild west, bless Satoshi!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.