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Managing your own keys is stressful. You go around worrying that the hardware has failed or that the seed words won't work. Never again.
by Kiro 2y ago
Managing your own keys is stressful. You go around worrying that the hardware has failed or that the seed words won't work. Never again.
- _heimdall 2y agoLegitimate question (I expected this will read poorly). If you don't trust that seed phrases, which are a fundamental piece of how bitcoin key pairs are designed, will work why would you ever consider investing in bitcoin? I totally get the stress of self custody. I just don't get why anyone that stressed about it would bother buying bitcoin.
- Kiro 2y agoTo make money, but it's not that I don't trust the technology. It's more that I don't trust myself. Maybe I wrote them down incorrectly or did some other mistake? I also once lost the paper after moving (but found it again), even though I was sure i had put it in the new safe.
- gedy 2y agoI think this is the key thing I wasn't considering - I think of Bitcoin as primarily way to save currency, whereas a lot of people are treating like an investment for trading.