Post
Topic
Board Beginners & Help
Merits 7 from 2 users
Re: Store your seed phrase offline
by
LoyceV
on 05/01/2023, 10:20:58 UTC
⭐ Merited by NeuroticFish (5) ,Pmalek (2)
People will always go for convenience. And you cannot deny the fact that accessing that online stored passwords across all your devices is a nice feature.
Sure I can: I don't want to share all my passwords on all my devices, it's insecure and therefore a terrible feature. Every additional device that has access increases the risk of compromising your data.

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It's still better than having the same (weak) password everywhere, you know...
That is indeed terrible too. I especially hate websites that ask you to change your password regularly, that just encourages people to use something simple.
My system: I use different accounts for different devices. Hence LoyceMobile. Disable password recovery as much as possible. Don't do banking on mobile. Use a separate Bitcoin wallet on mobile. Never use my creditcard on mobile (that saves a lot of money too).
I'm also paranoid to install anything untrusted. I prefer not to install it at all, but if I have to, I'll use a VM or a dedicated laptop (when done, I dualboot into the second partition to overwrite the first partition in a few minutes).

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That's why the things (websites, apps) that hold money need at least 2FA too.
I love dust crypto wallets without password and I hate 2FA. Many websites take more and more time to access, just because people can't keep their passwords safe. Every time I login to Gmail from a private window, it emails me to tell me what I did. It's annoying for unimportant accounts.

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And, bottom line, clearly, keeping wallet seed anywhere online is an awful idea, the worse possible one.
I'm not that brave Tongue