5 sats \ 2 replies \ @gnilma 11 May 2023 \ on: Everyone needs a brain wallet 🧠bitcoin
It’s all good until your memory starts to go bad and forget a word or two. If anything, human memory is not perfect and a lot of times have errors. I think brain wallets are good for short term use when crossing high risk areas, such as fleeing a war zone or crossing a border. I still believe well hidden, geographically spread steel plates, in a multi-sig or single-sig with passphrase is still the best backup.
make a alert in your smartphone every week to refresh the list
reply
you can use a brain wallet as a backup, too
reply