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Scraped on 03/09/2025, 13:19:21 UTC
It would have been stated if they want to follow regulations.
No, this is not true. There are even cases where you are not allowed to explicitly state that something is because of regulations, you have to talk around it. 
Think about it from a common business sense. Why would someone spend money of their company to develop something like this unless they have to? It costs money, it does not bring money and it gives negative points on the brand for many users in the crypto space. It is just a negative overall.Wallets are created in a way they can avoid regulations but Ledger is trying to be of the the ways they can start government having control over noncustodial wallet.
Again, there is no reason why Ledger would want to do this on their own. The Ledger Recovery was a thing that actually can generate money. While the idea was stupid and Some people like to use it because it supports many coins. Some people just like what comes directly from the company.
Many of those coins have their own wallets, that is my point. Do not use Ledger Live.If hardware wallets are like this, I will prefer wallets on airgapped devices.
Support Trezor, they deserve it. Original archived Re: Avoid Ledger and their Complies Sanction Crap!
Scraped on 03/09/2025, 13:13:44 UTC
It would have been stated if they want to follow regulations.
No, this is not true. There are even cases where you are not allowed to explicitly state that something is because of regulations, you have to talk around it. Think about it from a common business sense. Why would someone spend money of their company to develop something like this unless they have to? It costs money, it does not bring money and it gives negative points on the brand for many users in the crypto space. It is just a negative overall.Wallets are created in a way they can avoid regulations but Ledger is trying to be of the the ways they can start government having control over noncustodial wallet.
Again, there is no reason why Ledger would want to do this on their own. The Ledger Recovery was a thing that actually can generate money. While the idea was stupid and tarnished its brand, it had a business case (however flawed it was). This does not have one.Some people like to use it because it supports many coins. Some people just like what comes directly from the company.
Many of those coins have their own wallets, that is my point. Do not use Ledger Live.If hardware wallets are like this, I will prefer wallets on airgapped devices.
Support Trezor, they deserve it.