Some are using trezor and they say it is open source and cheaper than Ledger. In my opinion, I don't think anything is 100% secure, and Ledger is an example. We trusted them for years until they announced their damn service. The best way is that you divide your assets into parts and store them in different wallets, I think only then will our assets be more secure.
I think Ledger sold itself to the government. They were pushed to comply with KYC through their own little service. But the community is not stupid. Most hardcore crypto users will now abandon Ledger products because of this. It's a pity because I've thought the company stood for crypto's original values. With open source hardware wallets, you don't need to trust the company other than to verify the code if everything is secure. Who knows if these alternatives ultimately beat Ledger in the long run?
It can be said that what Ledger did has disappointed many people. But we need to realize one thing, all these hardware wallet companies are in business, and they are regulated by the government. If the government cannot control the bitcoin network, then of course, they will target exchanges, hardware wallet companies, or all the companies that provide bitcoin related services to control bitcoin indirectly. I also fear that other hardware wallet companies like Trezor will be unable to avoid government pursuit. They won't stop until they reach their goal. So I have more worries in the future, we should find another solution instead of like before, always thinking that hardware wallet is the safest.
A HW device can remain safe if it is not assembled / created by the hands of such companies as Ledger or Trezor. I am inclined to believe that sooner or later any manufacturer of hardware wallets may come under pressure from states, and even ideological companies (supporters of the ideas of the cryptocommunity) will be forced to surrender. Therefore, I believe that the safest HW wallet will be the device that you assemble with your own hands. The
BTC-community needs to look in this direction and develop such an opportunity, when even an ordinary user without special technical skills can assemble such a device as a designer. Assembled the physical part, installed the firmware, connected it to electrum and use it.
Decentralized hardware wallets must also be decentralized, otherwise all this decentralization becomes meaningless. Bitcoin in your wallet should not depend on
HW manufacturers anyone.