Write down your 12 words

Put it in a safe

Save it to your Cloud

Don't entrust your money to shitty electronic devices

Reply to this note

Please Login to reply.

Discussion

In your cloud?? No.

so you would rather trust a device that will fail at any given time or can be lost?

I never said that, just done store your seed in the cloud dumbo.

You are right. I meant "Your Cloud"

Also not good.

Why? There are good proven self-hosted cloud solutions

So many good ways to store a seed & you choose the one easiest to fuck up & with many potholes.

Tell me what is wrong with Nextcloud,OwnCloud, and SyncThing on a technical level

It’s electronic. Keep it stupid and analog. Can’t hack pencil and paper

You need a backup to pencil and paper...maybe at different houses or safety deposit box

and OneDrive has an encrypted Vault that is probably safe

Microsoft being your daddy...hmmm 🫣🫠

There is nothing wrong with storing a second or third copy of your keys in One Drive vault =)

Many people are stuck in that ecosystem

please know these devices have backup features and encourage using them

Cloud is how Heather Morgan lost her BTC. Assuming the official story is true.

I should say, "Your Cloud"

That's too difficult for 99% of bitcoiners.

These niggaz run gay ass crypto software nodes, they can do syncnthing or Nextcloud or OwnClouds new retard-proof Golang version

Nah, that's 1% of bitcoiners. Others try shit like Fedi wallet (not related to the fediverse) check it out.

I agree that these devices are very shitty...especially for the price. But I'm not sure how to transact in self custody with only seed words and no device. I didn't realize I was a noob.

You just enter 12 words in a wallet and you get access to your money.

That seems like the best option. Lol.

and then your keys are no longer cold and you will have to generate new seed to get back to cold

build a seedsigner and keep your keys cold

A cloud is an electronic device, and most likely one that someone else owns.

Paper, sure, if you have no intent to spend regularly.

Personally... paper, in a book somewhere seems way more secure these days. Hidden in plain sight.

Depends on your threat model. Paper is ideal because its simple and easy to keep offline, but it does have nevatives.