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Even a single hardware wallet would have been risky - loss or damage, or theft. For high values, set up multi signature hardware wallets, at least a 2 of 3 sche
by jkepler 6y ago
Even a single hardware wallet would have been risky - loss or damage, or theft. For high values, set up multi signature hardware wallets, at least a 2 of 3 scheme, each stored in different geographic locations.
- phedboi 6y agoThat's overly complicated. A single hardware wallet in a fire proof safe or a safe deposit box in a bank vault is sufficient for this use case. If a hardware wallet were stolen, the thief would still have to guess the password. q.v. https://xkcd.com/538 https://xkcd.com/538
- Hackbraten 6y agoA single hardware wallet is not sufficient for any use case because no matter how safely you store it, it can fail anytime.