Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 19/01/2020, 23:13:15 UTC

I agree with description, but wallet management is tough, especially if you did not use the wallet for a few years.
We think that we remember/record everything right, but sometimes we make mistakes (especially if trying to memorize something).
Memory plays games from time to time.

Anyone who is interested in getting into BTC should get a hardware wallet and follow the instructions. Schiff wouldn't have had to tweet that if he had.

I dunno. If he can't retain a single password, how is he going to retain a 24-word recovery phrase?

exactly. 24 words written on the enclosed paper...someone was recently checking the wallet, left it on desktop....cleaning lady was vacuuming, piece of paper flew down on the floor, she puts it in trash. Several days later.."where is that very important piece of paper that I left right here?
"I dunno, mister, I clean".