this post was submitted on 05 Jan 2024
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[–] DragonTypeWyvern@literature.cafe 1 points 1 year ago (13 children)

Depending on your starting point there's a lot better opportunities out there that are less vulnerable to losing it all to a random hacker.

[–] KinNectar@kbin.run 3 points 1 year ago (9 children)

Actually bitcoin on a physical harddrive purchased at $50 or below stored in a safety deposit box is pretty ironclad.

[–] BCsven@lemmy.ca 3 points 1 year ago (8 children)

Bitrot might get you. printed out paper codes as a backup

[–] explodicle@local106.com 1 points 1 year ago

That was a lot more difficult before BIP39 seed phrases were invented. You could of course write down anything, but there would've been a lot of room for error.

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