I wish they had this rule back in 2018 when this is exactly how I lost all my bitcoin!

Well ... if you loose your cold wallet at sea and don't have your 24 words ... it might actually happen

What happened to me is worse. When the bank and tax office came to ask, I had to say that in a very unfortunate event I trusted a trader I met on Twitter with my bit-coins, who told me I could double or triple my crypto investments.

I trusted him and sent him my life savings to a long random number ("address" or something), but after a few months he told me the coins got unpegged and we had massive losses. I still trust he's a good guy. I could have bought a boat with that money.

When I first saw this rule, I didn't trust it, you know I'm a rule breaker... So I broke it.

But after having lost my entire stack due to a boating accident in summer 2020, I swear to never bring Bitcoin on boats

https://nitter.net/SymbolSatoshi/status/1533531792220647424 <-- Shows the thread in a single, easy-to-read, web page