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by reidjs
2314 days ago
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Arguably you shouldn't put all your eggs in one basket, i.e., you'd split it up across many wallets. But I agree with this sentiment. Banks exist for a reason folks, holding your entire net worth in btc across a few thumb drives isn't much different than storing all your retirement funds in a shoebox IMO. |
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Has anybody brought up how user friendly bitcoin is?
I too enjoy having to print bitcoin private keys on archival paper, wrap them in ten ziplock bags, shove that into a watertight container and bury it under the backyard bird feeder. Otherwise somebody would get my keys and take ownership of my entire net worth, leaving me destined for the poor house.
Because with bitcoin, whoever has the key owns the bitcoin.