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Holding millions of dollars worth of coins yourself, rather than in a bank can become quite nerve wracking. Open your wallet on the wrong computer, or let someo
by topmonk 9y ago
Holding millions of dollars worth of coins yourself, rather than in a bank can become quite nerve wracking. Open your wallet on the wrong computer, or let someone untrustworthy to see where/how you hide your key, or how much you own, and you can wake up one day with all your funds gone.
I know there is the other side of that, that the government can seize your funds in a bank account, but realistically they won't target you out of millions of people who have millions in their name.
- DennisP 9y agoThat's what hardware wallets, paper wallets, and safe deposit boxes are for. It doesn't take that much effort or technical skill to keep coins very secure, and the information on doing it well is readily available.