RE: The Ledger Controversy: Trust and Transparency in Cryptocurrency Hardware Wallets

What an interesting post @mistakili. I hope you can make this a thread and continue some other time.

This has being my fear all along, centralization in the blockchain system. This drastic step taken by Ledger will definitely spread like a wild fire. Ledger has just opened the gateway for the Governments looking for ways to take full control of their citizen's(Asset).
This is terrible, absolutely terrible.

Well i don't have a Ledger wallet, so i shouldn't be bothering about that, but i am scared that it is going to affect the Crypto world in due time. As for my Crypto asset, i don't have much, but the few i have should remain on my Hive account. Don't even bother checking because it is not up to 42HP.

To the last question. I think the more the Crypto world grows, the lesser the trust.
Reasons - Blockchain now gives individuals financial freedoms making them abstain from banks and less dependent in the government. Trust me, most government are not happy about this, so they are ready to do anything in their power to prevent their citizens from keying into it.

The Trust can't be built, but can be enforced. Owners(founders) of a blockchain platforms should lay a solid foundation(principles) that everyone has to follow.