Post
Topic
Board Hardware wallets
Merits 1 from 1 user
Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
by
andy.arden
on 25/10/2023, 11:34:36 UTC
⭐ Merited by vapourminer (1)
I am not afraid of Ledger stealing the keys.

I am afraid that in case the government will issue different laws against crypto, then our devices will be locked and the keys will be in the governement hands to be returned to us or not.

It would be a perfect case to control everyone's crypto, to verify how much anybody has in order to pay taxes, etc.

So i dont think it will be used to steal it from us, only to control.

So yes, DO NOT use Ledger.