Well the manufacture has your private keys in this case. Not your keys not your Bitcoin. One of the biggest scams in hardware wallets are third party sellers that sell Ledger and Trezor and set them up before selling so they can empty the wallet when you deposit. This is a bold move for a manufacture to be doing it
Bobby Lee has a reputation for being trustworthy. I'm not saying this is the best idea or that people should trust him, but he has a history of generating keys and keeping them safe. There are tens of millions still loaded on his BTCC coins.
Context is really important and a neutral player in the ecosystem will side with consensus. At the time of a contentious fork, the winner is not clear and everything is an altcoin until there is consensus. Nuance matters.
No one is neutral. When he joined Bitcoin, he agreed on the consensus rules that were enforced by the code. There was no promise of any incompatible changes. Any incompatible change makes it an altcoin. The original Bitcoin is always Bitcoin *unless everyone decides to change*.
>At the time of a contentious fork, the winner is not clear and everything is an altcoin until there is consensus.
I want to contend to be your wife's husband. You are an alt-husband until there is consensus.
I see. It seems fundamentally wrong for Bitcoin/Crypto security but I guess I am putting a certain amount trust in Ledger by using their wallet too. Having cheap and easy hardware wallets for the masses is a good idea in general
bittabetSilver | QC: CC 26, BTC 15, r/Android 105 months ago
What a horrible idea, they’re pregenerating the keys and literally printing the info onto the hardware wallet...wtf