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Reminds me of this XKCD: https://xkcd.com/538/ https://xkcd.com/538/ With bitcoin you can't even just rely on memory for the keys, you need something physical
by mlnj 1y ago
Reminds me of this XKCD: https://xkcd.com/538/ https://xkcd.com/538/
With bitcoin you can't even just rely on memory for the keys, you need something physical that can be taken away from you.
- bdcravens 1y agoNot really. Hardware makes it easier to manage, but anyone with the private key can access the coins at a given address. Of course, private keys are practically unmemorizable, but you can restore a Bitcoin wallet with your seed phrase. https://en.bitcoin.it/wiki/Seed_phrase https://en.bitcoin.it/wiki/Seed_phrase