Nobody can take away your bitcoin unless you generate the private key using Window, IOS, Android and so on. This is the attack vector that very few are aware of.
Discussion
Nope. It is not that simple. and certainly not that secure: You have to enter your private key every time you log into an app. giving the app devs a chance to steal your key - and if using a browser it also gets placed in your cache - which is another place it can be stolen from. there’s other ways too
Of course there are. I was just stating a less obvious one. Privacy matches the price. When it was cheap, people send the coins to Mt. Gox thinking they're safe. Now they know better. 🐸
One doesn't generate a private key, you choose 1 from the almost unlimited pool of private keys that already exist.
I'm of the opinion that you should only choose one using analogue randomness. Using a digital tool requires you to trust hardware & software.
Roll dice & never store your key on an Internet connected device.
Absolutely, analogue is the best option.