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RE: Ledger Nano S Does not work!!!!!!! FUCK MY LIFE! August 1st is coming! Coinbase not supporting both chains!
The danger really is that you don't own your private keys with Coinbase...they do. I live in New York and with the local laws and fed depts we have to deal with here protecting wallstreet... Coinbase is a nightmare and can freeze assets without warning or stated reason, but we're stuck with them.
Yeah, they are the best at what they do. With a Ledger I don't control my private keys though, so it's the same thing isnt' it?
if it works like a trezor you hold your private keys on the nano.