Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If yes, then I would still be paranoid of seed bruteforcing. There's something about Electrum that wouldn't allow me to sleep at night with any relevant amount of money in there.
The seed is just another way of representing a random 128-bit number. You'll have about as much luck bruteforcing that as a private key.
You think he really sodl all his Bitcoins for Bcash? I hope he didn't and he is just living a wealthy life somewhere.
Keyword: a key. It would only take getting lucky once to get all of your money. With a wallet.dat you would need to go address by address. Who knows what those fuckers have in store when it comes to quantum computers within a couple of decades. Plus any mistakes on your part leading to key derivation exploits... yeah no thanks. Electrum seems like a bad idea for serious cold storaging.