Replying to Duvel

Very true. Not keeping it simple increases the probability of losing your funds. I think we ourselves are the greatest threat factor.

I find the multiple backups difficult. If you have kyc bitcoin and non-kyc bitcoin e.g. on different hardware wallets, including a passphrase and 2 backups of everything, rhen you need to backup 8 pieces of information of 8 locations. That's too much. How arw you dealing with this?
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QnA 2y ago

You could have everything on a single hardware wallet and segregate via accounts. That would halve your backup requirements.

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Duvel 2y ago

It doesn't matter for privcy to keep kyc and non-kyc bitcoin on the same hardware wallet seggregated via accounts?

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QnA 2y ago

Nope. The account structure means that they can't be spent together easily. The only privacy risk is seed being compromised, but at that stage you've got bigger problems!