Not to be harsh, but if closed-source is a deal-breaker, what have you been waiting for in all your years of using Ledger? The wallet was closed-source back then and still is now. The question is how has that affected your use of it? The real deal-breaker and reason to abandon Ledger is their upcoming Ledger Recover feature. I agree with that.
I didn't care back then because I've trusted the company. But that wasn't the case until I've discovered they were about to launch the recovery service. That made me vary of their methods to secure the private key or seed within the devide. It left me no other choice but to look for open source alternatives. With governments getting their hands into the crypto industry lately, we should be prepared for the worst. They may compromise the company making the hardware wallet, but if the device is open source, their efforts will be futile in the long run.
I've been considering getting myself a "Passport", but it seems that I'm only limited to Bitcoin. Not only that, but it's also more expensive than the Ledger Nano S. I guess you get what you pay for. Let's see what will happen with Ledger in the long run as competition grows in the industry. Maybe it will survive with a newly-fond crypto userbase?
