What happens if Trezor goes bust?

It's crucial to keep your private keys SAFE and secure. This means never sharing them with anyone, not even the wallet or exchange provider. Storing your private keys in a secure and offline environment, such as a paper wallet or a hardware wallet, can help protect them from theft or loss.

One of the key features of cryptocurrency wallets is their interoperability. This means that you are not tied to a specific wallet provider. Your funds are stored on the blockchain, and you can access them using any compatible wallet.

For example, if you were using a TREZOR hardware wallet and TREZOR went out of business, you could simply switch to another hardware wallet or even a software wallet and use your private keys to regain access to your funds.

Cryptocurrency holders often worry about the longevity of the companies that produce their wallets, especially hardware wallets like TREZOR, Ledger, and Coldcard. However, the reassuring news is that the security of your funds does not solely rely on the continued operation of these companies.

It's important to note that private keys are the ultimate key to accessing your cryptocurrency. As long as you have your private keys, you can access your funds regardless of the status of the wallet company.