Replying to Avatar Llyr Noise

I think I already had a rant about it, but I can't stop. I'm continually purplexed by people showing off their HW wallets on bird app and nostr. What do they need 3, 5 or even 10 wallets for? How does buying a new hardware wallet help them stack sats? I'm having trouble understanding how hodler vertues are compatible with buying useless things. Why would a hodler buy one or more wallets every few years if they are only supposed to stack sats and never sell?
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zebra 1y ago

maybe because every HW is, like, another backup? but then you need to remember passwords for every HW. or they use same pass. no idea )

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Llyr Noise 1y ago

Geographically distributed 3-of-5 or 5-of-7 SLIP39 on washers should ideally be your backup. Those multisig backup setups that are force memed by certain influencers is a clear footgun and a way to loose your precious sats.

Washers are the best and very cost efficient way to backup:

https://medium.com/l33t/safu-ninja-cheap-effective-bitcoin-seed-storage-65c80b068685