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Urgent! Amankan Aset Crypto Anda Di Ledger - Hot vs Cold Wallet - YouTube
Channel: Angga Andinata
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There are thousands of Hackers
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ready to steal our crypto assets.
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There are even hackers who are financed by certain countries.
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There are millions of ways hackers steal our crypto assets.
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Starting from buying data on the black market,
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fishing,
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fake websites, and so on.
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Just imagine,
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the crypto world is like Bikini Bottom.
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We are like Mr Crab
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with his Secret formula.
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And Plankton is like a hacker
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who wants to steal the secret formula.
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At crypto,
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we protect our crypto assets with cold wallets like Ledger.
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So, what is a ledger?
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Ledger is a cold wallet
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to store our crypto assets.
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So if we want to store
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crypto assets,
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we have three choices.
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First,
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we store it on CEX
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or on a centralized exchange.
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This means we can pick up on a third party.
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The second,
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in hot swallows
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such as metamask,
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trust wallet,
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bitkeep,
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MetaX,
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Huobi wallet,
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phantom, and others.
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The third, in cold wallets
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like
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Ledger.
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Well, maybe some of my friends here are confused.
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What is the difference between a hot wallet
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and a cold wallet?
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Well, friends, you must first understand how the wallet works.
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So our crypto assets are
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not in the wallet.
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It's on the blockchain.
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Well, the function of the
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wallet
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is as an unlock key to access
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our assets on the blockchain.
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That's why there is such a thing as a
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private key in our metamask.
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In hot wallets,
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our private key is
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stored in the form of logging in in the browser.
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That is,
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our private can be easily taken
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or snooped on by people.
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Our private key
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function is to send crypto assets to other wallets.
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Well, besides the private key,
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there is also a seed phrase.
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If the seed phrase
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is
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the master key
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to open our Wallet
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and access our private key.
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Because our private key is in the form of
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logging in the browser.
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It's very easy to break into people
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in various ways.
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Well,
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in Cold wallet it's the
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same.
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Have a private key too,
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have a seed phrase too.
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But the difference is,
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the private key and seed phrase
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are in the cold wallet.
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Examples like this.
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And our Crypto Assets cannot be accessed without us plugging our
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cold wallet which looks like this USB.
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Well, crypto assets are not stored in cold wallets
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or ledgers.
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But it is stored on the blockchain.
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Cold wallets
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, like Ledger,
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only function as keys.
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Because the private key
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is there.
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So we are safer.
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So, how about storing crypto assets
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at CEX?
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Yes, it's legal.
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I also keep some of my crypto assets on CEX.
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But our crypto assets in CEX
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are not entirely ours.
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Some say
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not your key, not your coin.
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So if
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the CEX one day has
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a problem,
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we will most likely lose our assets.
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For more details, friends, you can watch this film on netflix.
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But CEX
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is now much better than it was a few years ago.
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Because they have also learned
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from the failures of CEX
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that have been there.
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Like Mt. Gox
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or QuadrigaCX.
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Well, why do we need Ledger?
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Because we can't trust anyone in the crypto world.
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That's why the tag line Ledger
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Trust yourself.
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By storing our crypto assets in a cold wallet like Ledger,
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the security of our crypto assets is a personal responsibility.
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It's like
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Ledger is
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the key to our safe.
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So take good care of our ledger.
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Mainly the 24 Key freeze.
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It is also important for us to ensure the authenticity of our ledger.
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The safest thing is,
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you can buy it directly from
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the factory in France.
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The link is in the description column, friends.
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So, with this Ledger we are free to hack?
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Of course we are not completely safe.
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Because Ledger
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can still be accessed by other people.
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But that other person should know our 24 Key freeze.
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But because our Key freeze is not in the form of a plugin,
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hackers can't break into our browser.
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But they use bots.
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Well,
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this bot function is to see the data traffic in the cloud.
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Like Google Photos,
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drive,
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keep,
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notion,
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and Evernote.
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Even this bot
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can read data in the form of images.
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So, don't ever take a
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photo of our 24 key freeze ledger,
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type it on a laptop,
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in an SMS,
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or maybe write it in the cloud
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like Google Keep, Evernote, notion, email, I note, and others.
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Because there are bots
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that keep data traffic on the internet.
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Write it on paper or you can buy Billfodl or
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CRYPTOTAG
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or Cryptosteel at Ledger.
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This is the place to put our twenty-four Key freeze
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for fire resistance and extreme weather resistance.
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Friends, you can think of Ledger as a secret formula by Mr. Crab
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that must be protected.
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And the hacker's plankton
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is ready to steal.
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In addition, you can also get hacked
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if you buy a fake Ledger.
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The Ledger whose 24 seed
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freeze has been known by the seller.
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So when the depot friends
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go there, they just take it.
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Ledger can only be broken into
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if the hacker
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knows our 24 key frezze.
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So which Cold should I buy?
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So, friends, you can use
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any cold wallet.
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But because I am more familiar with Ledger products,
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I will explain the Ledger products.
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I personally have two.
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Namely the Ledger Nano X
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and Ledger Nano S Plus like this.
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Well, I recommend it for friends who are beginners.
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Friends can start from Nano S Plus.
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Because the price is much cheaper
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than the nano X.
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Well, what's the difference between Nano X and Nano S Plus?
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Well, this one is the Nano X.
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This one is the Nano S Plus.
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To be sure Nano S Plus is much cheaper.
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Only half the price of this Nano X.
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But the price listed does not include postage and tax.
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Both use USB C. The
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Nano X is mobile-friendly
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and can use Bluetooth.
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Also both of
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these can save NFT
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and can be installed 100 applications.
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But maybe we just need a few applications like
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ethereum or solana.
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Because if we use metamask,
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we use the ethereum application.
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Because almost all blockchains
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are ethereum forks, even BSC.
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Well, how to use it, I will discuss in the next video.
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In the next video.
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So make sure friends subscribe
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and press the bell button.
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Because in this video I want to explain first how Ledger works.
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Let friends
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understand
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how to mitigate the risk
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of storing crypto assets.
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Well, how does it work?
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The way Ledger works is like an additional key
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for our assets on the Blockchain.
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The key is not connected to the internet.
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But it's not that this key
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can't be duplicated.
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The important thing is to take good care of our 24 Key Freeze.
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On paper or on an iron plate for example.
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So in case our house is hit by a natural disaster
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such as a fire,
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it is still safe.
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On the ledger, you can write your key-freeze
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in Billfodl,
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crypto steel,
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capsule solo,
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or cryptotag zeus.
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If you want to buy it,
[471]
make sure you buy it from a trusted place.
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Or friends, you can buy directly on Ledger's website.
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Friends can also check its authenticity in the Ledger live application.
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Later in the next video I will show you how.
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But the most important thing is
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when friends buy
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new. It's
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still sealed
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and the 24 Key freezes are made by friends.
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Not made by someone else
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or maybe already written on paper
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by the seller.
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If you want to buy Ledger,
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you can use the link below.
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The link will be between friends
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to buy ledgers
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from the factory directly in France.
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Because from abroad,
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there
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is postage and there is an import duty tax.
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But we'd better spend a few hundred thousand extra,
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but heart at ease.
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Because this is our key asset
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whose value is way above that.
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So, what if our Ledger is damaged?
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It's easy.
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Friends, just order again.
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Use the same 24 Key freeze as the old defense.
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That's why there are also people who have large funds
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that have a backup Ledger
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in case the main Ledger is damaged.
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Then what is often asked
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is whether the assets stored in the ledger
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can be staked.
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The answer
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is yes.
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You can also stake your tokens on any DeFi
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such as Biswap,
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pancake swap,
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seedify,
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community,
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and others.
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Everything can.
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Because our assets are still on the blockchain.
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Not in the ledger.
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Friends, just plug it into the metamask.
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Later in part 2 I will show you how.
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In this video, I explain the concept first.
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So that friends understand what a Ledger is,
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how it works,
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how to store it,
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so that our assets are kept safe.
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So,
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stay tune for the second part, friends.
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Meanwhile, friends, you can order a ledger
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using the link below.
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