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if you keep a ton of gold in your house, good luck.. keeping it safe, there are safe ways to keep bitcoin, cold storage, etc. is not like is impossible.
by down 9y ago
if you keep a ton of gold in your house, good luck.. keeping it safe, there are safe ways to keep bitcoin, cold storage, etc. is not like is impossible.
- ceejayoz 9y agoIt appears to be substantially easier to secure a ton of gold than the equivalent amount of Bitcoin. It's also a lot harder to accidentally lose.
- down 9y agoright is so hard to buy a device from amazon or print some words on plasticized paper and keep it safe, hell you can even memorize 12 words.
- ceejayoz 9y agoSure, assuming the Amazon device isn't a compromised counterfeit, the printer isn't rooted, and the paper doesn't get burned up in a house fire. Case in point: https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/ https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-...
- down 9y agoyes, this is what hold bitcoin back but is getting better, the amazon device can be software signed, also you could encrypt your keys and upload to all cloud hosts.