Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Of the two people I gave trial sums of Bitcoin to, both lost their phones (even though I had told them specifically to make sure they backed up their wallets). One found their lost one again after a search. I also gifted some but having learned my lesson, I gave a paper wallet and kept a copy of the private key.
I can't believe that some people actually keep Bitcoin on cellular telephones.
I also keep a backup of every private key I create to try to protect someone from themselves. Better to trust me than some random internet site or app.
Wallets are for losers.
Meh, this was back around 10 years ago when there was some hope, for many of us, that Bitcoin would be a currency and the feat of simply transferring value between mobile devices utilizing a distributed peer-to-peer network was fairly exciting. The amounts were also only around $10 at the time which, well, obviously, that got a little more interesting over time.