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2 things:

-even if you use it just for Bitcoin, the fact that it can hold the shitcoin salad is more attack vectors that you wouldn’t have on a Bitcoin only wallet

-they offer an opt-in service where they can backup your keys. 3 companies have access to parts of your private key. Defeats the purpose of having cold storage, in my opinion

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node 2y ago

https://www.ledger.com/recover

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