Bitcoin Forum
June 30, 2024, 08:26:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Can I just delete my wallet and use my 12-word recovery key as my “storage”?  (Read 503 times)
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3014


Welt Am Draht


View Profile
July 01, 2020, 12:09:48 PM
 #21

Yes.

I expect at some point the hardware wallets I use will become so compromised I won't trust them any more. I'd continue to store the seeds they generated back in the day and input them in a better system when the time came to access them.

Would a bitcoin millionaire trust his funds to a scrap of paper and put it in a safety deposit box? I’m just trying to understand options safe storage. Thanks!

What some do is split the seeds or keys up and store them in different locations. I personally would not trust a safety deposit box. The operation could close or there could be a misunderstanding or a mix up. I'd want total control.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!