MultiversX Tracker is Live!

Why do people say to safeguard your hard hardware wallets when they are useless without the seed phrase?

Bitcoin Reddit

More / Bitcoin Reddit 105 Views

For example if you lose your hardware wallet, or it's seized by the government, there is still zero risk to losing your bitcoin because they don't know the seed phrase.

The same bad actor entities could just as easily go purchase a hardware wallet at their own will and try to guess or brute force your seed phrase and reconstitute your wallet onto theirs.

That being said, why do people say to hide or protect your hardware wallets? I don't understand.

submitted by /u/immadodis
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments