Misconception: a hardware wallet is a vault — why that simplification hides the real security decisions
Many users assume that buying a hardware wallet is the final, unquestionable step toward "safe" crypto custody. That’s attractive but misleading. A hardware wallet like Ledger’s Nano family provides a specific set of mechanistic protections — tamper-resistant storage of private keys inside a Secure Element, a device-driven display for transaction confirmation, and an enforced PIN