Institutions will eventually force hardware wallet providers/ makers of signing devices to KYC their customers. Apparently Ledger recovery firmware will automatically be installed or updated on every device after the Nano S.

Nope.

Get or learn to make a signing device before this KYC for your cold storage for your #bitcoin  before it is too late.

The dumber your storage device, the better.

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Interesting. How will they deal with open source projects?