Post
Topic
Board Beginners & Help
Re: If there is a natural disaster or war, will you not lose your bitcoin
by
Cookdata
on 03/04/2025, 21:05:03 UTC
It is not good to hold your coins on exchangeso but hold them on a self-hosted wallet. This brings the responsibility of how not to lose your seed phrase because if you lose your seed phrase you will lose your coins.

If there is a natural disaster that flood your town or an earthquake that destroyed the building your seed phrases are, what are the other recovery means that you haven Undecided in place for you not to lose your bitcoin?

We should backup the seed phrase in a way that no matter what happened, we should still be to have access to the seeds phrase. What are you approaches to make sure that no matter what happened, you will have access to your seed phrase if you are still alive and your brain is functioning properly.

Natural disaster doesn't operate most of the time, so I'm not sure if they ar beene been into consideration about the traditional way of holding Bitcoin but having a Bitcoin wallets, it's not proper to have a seed phrase or recovery phrase to another person and if you follow what is happening, you will notice that there are good sign and proper ways to back up your wallet, this help you avoid problems in the future like the ones and you have more alternatives for your wallets.

It's that simole, don't put your seed phrase in one place, it will help you get access to other places. Imagine that you have the means to check your seed phrase while in another country, it's going to be a free way for people that hold into coins, it can also help people build on their own chain instead of believing on others. If you have a better and safer places for your Bitcoin, you wouldn't be wasting your time on even the public ones because you have one already.