• FuckyWucky [none/use name]@hexbear.netOP
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    1 year ago

    Cryptobros now have this thing to store their ‘seed’ (wallet password) in. I don’t understand how it works but its supposed to be fire proof (prepper vibes). Of course, it doesn’t make it any less likely to be stolen.

    • HeneryHawk@thelemmy.club
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      1 year ago

      Prepper vibes? I’d say it’s just common sense. If you had a password to all your money wouldn’t you want to keep it safe from fire and water damage? Your bank does

      • FuckyWucky [none/use name]@hexbear.netOP
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        1 year ago

        Yea and banks too get robbed. Except that banks are insured and in the worst case they can ask the central bank.

        If you had a password to all your money wouldn’t you want to keep it safe from fire and water damage?

        I would simply won’t have all my money be reliant on a steel rod. Crypto is hot potato, buy drugs and throw it to someone else so its not your problem. Anyone holding it long term as an investment is a fool.

        • HeneryHawk@thelemmy.club
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          1 year ago

          I’ve had some for about the last 7 years. Honestly, I don’t feel so foolish when I look at they money I have in the bank VS the money I have in crypto and how much either has changed since back then