Ledger!!!! (The internet is stupid , do your own research)

Understanding encryption, and the split between three tied parties is a redundancy for added complexity and the encryption component itself is secure on its own. Also like I said encryption and decryption can only be managed on the secure chip on the device.

The problem with this service is the marketing, it actually has great value.

Bitcoiners need to understand that even though this is not your preferred method of securing your seed many people will not feel comfortable with this and would prefer a recovery option, for bitcoin to reach mass adoption secure technologies like this will become more necessary for scaling.

For the OG bitcoin Maxis we will still prefer absolute sovereignty and custody and we can still choose that with the current ledger offerings.

For the others they may choose a hybrid of part bag in self custody, part bag in shards

Then others will say full bag recoverability with encryption shards that can only be decrypted on the secure chip on the device as the ultimate option.

It is a personal choice mine is to punch into a steel plate then burry my seed phrase in my backyard under a large flower pot. Some might not be so confident in their own protection of their assets and will prefer other options.

The sad thing is that this is an option and Ledger is actually providing an option that may actually be safe and may actually protect certain people from potentially loosing their entire bag if their seed is stolen or lost. Now the community is shitting all over them for simply offering a new service that does not impact any current user in any way or jeopardizes the security of anyone but the community is so laser visioned on the simple phrase my key my coins they overlook the nuances that there are many types of people with many types of needs and this is called progress in the crypto industry instead it’s being attacked as some kind of scam,

Ultimately this whole thing shows people’s lack of understanding, also the effects of terrible marketing.

I will still use ledger as my preferred choice because not only are their devices and software superior they also are innovative and offering new product options to encourage more adoption to crypto for less savvy people.

Easy for other trezor like companies to stay in the good books when they don’t innovate anymore at all.

Ledger is being painted as a villain for innovating and providing more options to more types of clients while simultaneously potentially creating on-ramps for new types of users while not actually jeopardizing any of its current clients in any way and this is a reason to get upset ???

The internet is stupid do your own research