@Cointelegraph@glove@zachxbt use this as an opporunity to educate about hardware strorage and seed phrases... this is more user error than it is an app scam.
@coinbureau you are better than this @coinbureau - it was user error. number one rule is to never enter your seed phrase in app/computer/phone etc. Why aren't you shedding light on this fact.
@penguinj42@glove exactly. this is user error not a hack. really wish the figure heads would be more clear about this. ledger should comment and make it crystal clear.
@established2140@jackmallers@porkedpig good point. apr should be less than credit union credit cards or unsecured personal loans. I can get personal loans under 10 without collateral and BTC is the quickest and easiest collateral to recoup. the question is why is the risk calcualted higher than unsecured loans?