So there are 12 words chosen from thousands to recover any wallet.
If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
You can try random words on passphrase but will not work because only some words in some orders will generate a wallet, so is even hard than you think to can generate a wallet where are crypto coins. And there are some people who put extra word on passphrase and will be even hard to get a valid one, and also there are hardware wallets who give 24 words passphrase.