Post
Topic
Board Bitcoin Technical Support
Re: Can Ledger Prevent you from accessing your Hardware wallet?
by
IggySe7ven
on 10/01/2021, 17:45:23 UTC
So you are saying the government can block my access to Bitcoin I have on Ledger? Did I understand you correctly?

No. Read my last reply.



So what is the point of trusting Ledger?

You don't need to trust ledger to not block you out of your coins.
They don't have any access to your coins. That's what a hardware wallet is made for.



Is there a safe way  to store where noone can do anything  my crypto or prevent me from accessing it ?

Yes.
Any kind of wallet where you hold the keys.

So, basically.. any hardware wallet, cold wallet storage, paper wallet, software wallet or mobile wallet.


So you say I need to trust them not to block me out, so then  while they can't access my crypto they can block me out from using it and same goes for other wallets? So let's say the government decides that  they want to outlaw BTc then they can just prevent us from acess to it  through these companies as a collective or individually? So my power still lies in having to trust that Ledger or other wallet providers and not directly in the blockchain?