Consistently trying out different marketing strategies is one of the ways companies maintain relevance to stay up-to-date and ahead of competitors. Marketing strategies can go wrong or right depending on how it is deployed.
Is the Ledger Nano X OnChain crypto wallet and necklace bundle a security and marketing blunder? We can decide whether it is a blunder depending on how we look at it from an individual perspective.
Humans have been known to rely on banks for saving money, whatever activities the bank engages with our money is of no concern until recently provided we get our money when we go to the bank we are happy, therefore the responsibility of safekeeping of our money is shifted from us to the banks.
The consequence is that the banks have enjoyed decades of making up pay for their services.
Self-Custody
Fundamentally cryptocurrency offers individuals the chance to safely keep their money without reliance on banks or any form of intermediaries. Over the years the self-custody cryptocurrency offers have been ignored with a focus on the price value of tokens as we chase tokens on their way to the moon. FTX and co. brought us down to earth, and hopefully, we learned some lessons.
To promote self-custody, Ledger Nano has gone stylish with the launch of Ledger Nano X OnChain crypto wallet.
Security is a flex. So, secure your assets and wear them in style with our new bundle: an industry-leading Ledger Nano X and its exclusive chain to keep your keys close, wherever you go.
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Ledger is offering us the chance to flex with security to encourage self-custody.
Personally, I am not going to be part of those indulging in the flexing act with my cryptocurrency around my neck. The chances of losing my neck or getting kidnapped wearing a Ledger around my neck are high.
It could get worse in countries like Nigeria where the police can arrest you for having a crypto wallet on your phone let alone flexing with one around your neck.
Cryptocurrencies are digital assets, and it is unheard of to be flexing around with document properties like real estate, by the passing of my mother was a result of her sharing the land property document my late father bought in Benin, immediately after my mom passed away we have been unable to find the document to the property till date.
By all means I find the Ledger crypto wallet necklace unsafe for cryptocurrency holders and as such it is a security blunder from my perspective.
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