What's the easiest way to lose your Bitcoin? It may sound like a joke, but more people follow these tactics than you'd think writes lopp.
Bitcoin has become nothing but the new Che Guevara T-shirtThings get a little trickier if you’ve decided to self-custody your Bitcoin offline in a secure hardware wallet. Or do they? After all, when you hold the keys yourself, the power to lose your coins is completely in your hands. Why wait for an exchange to go bust when you can start adopting security “worst practice” today?
But, what if you’re cursed with an eidetic memory? Easy: Write it down. Even better, do it twice in physical pen-and-paper form, ideally kept near your hardware wallet. And, for good measure, record it in a cloud-based document where anyone with a will can access it through a brute-force attack. This is particularly effective if you regularly remind people you hold wealth in Bitcoin.This one is for those who like playing the long game.
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