0 sats \ 1 reply \ @pajdo 19 Mar \ parent \ on: How do the wealthiest bitcoin holders secure their bitcoin? bitcoin_beginners
Better to have money unprotected so you know someone is trying to steal from you.... Okay
Unprotected? Do you publicly display your 24 words? 24 words etched on steel is extremely secure.
Some small amount like 100 bucks could potentially save your stack. Standard practice. Also could serve as a decoy wallet, in case of $5 wrench attack. Although I’d put a bit more, to make it believable.
Otherwise somebody theoretically could already have your seed, and has been working on brute forcing your passphrase.
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0 sats \ 0 replies \ @expatriotic 20 Mar
Ridiculous... You can't have it both ways. You're contradicting yourself.
  1. Unprotected!! Your seed words are extremely secure
  2. Someone could have your seed already
You want to use a wallet with no passphrase to use as a "decoy" in case of $5 wrench attack? Feel free. If someone is actively targeting me, I doubt they're gonna believe I only have $100 worth of bitcoin. If they're NOT actively targeting me, why are they $5 wrench attacking me?? Sorry, I just don't buy it. You do you, I'm gonna use a passphrase. Good day
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