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Difficulty of recovery doesn’t matter in principle.
The issue is that the only evidence of ownership is knowing the seed phrase but multiple people can know it and you can’t make anyone stop knowing it.
Ok, so I’m realizing that homesteading of wallets is where the conceptual thorns are. I’ll need to read the arguments more thoroughly for myself.
Difficulty of recovery doesn’t matter in principle.
The issue is that the only evidence of ownership is knowing the seed phrase but multiple people can know it and you can’t make anyone stop knowing it.
Ok, so I’m realizing that homesteading of wallets is where the conceptual thorns are. I’ll need to read the arguments more thoroughly for myself.