Post
Topic
Board Hardware wallets
Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
by
Lucius
on 31/05/2023, 14:27:48 UTC
~snip~
But I will buy a Trezor T wallet because they promised that the secret phrase would not leave the wallet.

Don't be naive, Ledger said the same thing in the past, and today we know that the whole story they told is a simple lie. Trezor has its vulnerabilities, and even cooperation with companies that deal with spying on Bitcoin users and censoring transactions is not something that can position them as reliable producers.

In addition, both companies are located in the EU, and accordingly they will have to (or are already doing so) act according to regulations that go in the direction of complete control of crypto transactions.