So, you are creating a coin and a blockchain where only the software itself has the private keys, assuming that the devs have not given themselves access. It is one thing when an online wallet or exchange gets stupid about controlling the keys to your wallets, but what you are talking about is zero control, zero failure fallback and an outright Skynet wallet that will not take over the world, just simply not give you any control.
I'm sorry posternat, but what are you talking about? This is not some kind of Altcoin project nor is a new coin or blockchain being created. This is a Bitcoin Hardware "Wallet" that generates a private key when it's inserted for first time into a computer, which means that the creators do not have access to it as it's generated on your computer. Yes, if you lose your OPENDIME, you lose your Bitcoins, so just keep it in a safe place.