Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
I'd like to know how many people actually fell for Ledger's subscription scheme. It must be enough to be worth wasting their reputation over.
Just wait long enough for that database with all information to get leaked and you will found out 
I am sure there are more people who got involved in this scheme than it should be.
People often forget that the higher the security, the higher the responsibilities become. When someone tries so hard to protect their seeds, it will be that hard to recover them too and even harder to keep them safely, especially when instead of one paper, you depend on many of them.
And it will be much easier to screw something up.Only good reason for doing something more complicated like multisig with good backup is if you want to leave coins to your kids.