Global Feed Post Login
Replying to Avatar Dikaios1517

That's pretty accurate. The only way for your Bitcoin to be gone would be if every node were to be destroyed. Very resilient.

By contrast, your ability to access your Bitcoin can be lost if 1. you lose the ability to communicate with any Bitcoin nodes, or 2. you lose your private key, or someone else obtains your private key. Significantly less resilient, and dependent on how you manage 1 and 2.

Avatar
Akamaister 8mo ago

Yes very true. I started using hardware wallets (ledger) started last dec but there are still better ways I can safeguard the bitcoin I have

Reply to this note

Please Login to reply.

Discussion

Avatar
Dikaios1517 8mo ago

Keep leveling up one step at a time.

Avatar
Akamaister 8mo ago

Thanks !!

Thread collapsed
Thread collapsed