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Why exclusively relying on your memory to secure the recovery words of your Bitcoin wallet is usually a bad idea
Bitcoin is information. That is, as long as you take custody of the private keys yourself and keep them in a secure location. Such backups can take many shapes and forms, from writing the recovery words on paper, conveniently storing them on a microSD card, all the way to the most durable options made out of stainless steel.
However, one very specific location to store your seed phrase is… your brain. Like any piece of information, you can simply remember the recovery words in their correct order to have your bitcoin always with you. As long as no one can read your mind – no one can get access to your bitcoin. This approach may sound great on the surface, but comes with a huge risk…
33 sats \ 1 reply \ @Scoresby 21h
The bitbox blog is an underrated resource. They are consistently on the money.
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100%. It's one of my daily must-visits.
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0 sats \ 0 replies \ @Fenix 19h
TLDR: shit happens and brain is not trustworthy.
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0 sats \ 3 replies \ @000w2 20h
What a retarded title. You absolutely should memorize your seed phrase.
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0 sats \ 2 replies \ @Fenix 19h
The title is in line with the article's proposal. Read it
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0 sats \ 1 reply \ @000w2 18h
I did. The title is clickbait bullshit that will confuse normies.
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Yea I didn't really gain anything from this particular article either.
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0 sats \ 0 replies \ @OT 21h
True that!
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