Crypto is just a bad design!

[Tamedbeast]

This story is unbelievable.

To have access to a newly created wallet you need to verify the recovery seed that you wrote down, let's say this person did take a picture or screenshot, they passed that verification screen by typing some part of the seed  words into the question spaces.

This shows that they have a device that still have access to their coin, the only way that this can make sense is if the device lost, and also the recovery seed screenshot too.

If not, then they should open their wallet and go under settings to do the backup again.

[henry_of_skalitz]

This story is unbelievable.

To have access to a newly created wallet you need to verify the recovery seed that you wrote down, let's say this person did take a picture or screenshot, they passed that verification screen by typing some part of the seed  words into the question spaces.

This shows that they have a device that still have access to their coin, the only way that this can make sense is if the device lost, and also the recovery seed screenshot too.

If not, then they should open their wallet and go under settings to do the backup again.

or they had said seed for the initial verification about which you told, and then it puffed.

in any case - peeps learn the hard way that they need a hard proof copy of their seed near them.

[PrivacyG]

If it was a screenshot, there are Open Source tools to recover the deleted file unless it was written over by other things that got downloaded on his device after the deletion.  I do not know if it can be done with Software such as Notepad that had the Seed deleted from a Note and then saved.

Anyway.  This situation can be entirely avoided if you used things the way they are supposed to be used.  Of course your Money may be gone by tomorrow if instead of keeping it in your Wallet you put it at the front of your door.  Of course spoons are really useless when used as a knife.  Seeds are supposed to be stored properly and Securely.  And that problem sits on the shoulders of the Seed owner and not on the design of Bitcoin.

The people who complain about how much of a 'bad design' Bitcoin is have no idea what they are saying.  If to them not having full control over your own Money and Accounts is a better design simply because very stupid mistakes are reversible then they should simply stick to Banks that freeze funds and treat you like a criminal every time you plan to make larger moves while we stick to our Free Currency.

[justinlamode]

This story is unbelievable.

To have access to a newly created wallet you need to verify the recovery seed that you wrote down, let's say this person did take a picture or screenshot, they passed that verification screen by typing some part of the seed  words into the question spaces.

This shows that they have a device that still have access to their coin, the only way that this can make sense is if the device lost, and also the recovery seed screenshot too.

If not, then they should open their wallet and go under settings to do the backup again.

First comment that captures what is on my mind. No part of the story covers that which makes it a kind of unbelievable. Like you said, to create a new wallet, a user will need to test the seed phrase if it is working and if the backup is correct before the wallet is created. So it is possible the OP narrative the fictitious story why forgetting that important aspect of wallet creation.

[nakamura12]

The safety and security of the funds that a person has will always be up to the owner to keep safe and secure. There might be some downside on crypto but there's also an advantage for those who are willing to take the risk. In order to do that is to gain vast knowledge first before doing something else and once a person have gained vast knowledge then he/she can start making the funds keep secured. If a person doesn't have good decisions then it's most likely losing the wallet information or storing in a centralized platform like an exchange platforms.

[L E G E N D A R Y]

The safety and security of the funds that a person has will always be up to the owner to keep safe and secure. There might be some downside on crypto but there's also an advantage for those who are willing to take the risk. In order to do that is to gain vast knowledge first before doing something else and once a person have gained vast knowledge then he/she can start making the funds keep secured. If a person doesn't have good decisions then it's most likely losing the wallet information or storing in a centralized platform like an exchange platforms.

You are right, there are some risks that one needs to take in order to get what they want and one of it, its to know the important things that one needs to know, to protect their assets and knowing this can help one to decide if they will be able to take the risks or not and its also good to get the right information which will provide the right tools to use and help to also know how to use or apply them rightly.

[joniboini]

-snip-

There are a number of cases where users are too confident about their security, and they drop their guard in one way or another, such as clicking random links, installing new apps, etc. I remember reading a case where someone got attacked by a keylogger because they downloaded a cracked game, even though they're quite knowledgeable about phishing apps and whatnot. I'd not be surprised if someone created multiple backups, but don't give them enough protection, and somehow, some random scammers managed to find them in the future.

[Die_empty]

His certainly not clueless and in the clip I watched, you can find him visibly screaming and furious at himself for what he has done. He was on his PC certainly and knew that his actions could have cost him everything.
These things happen and it’s such a nightmare for anyone it does happens to.

Believe everything you see on social media at your own mental, financial and other risks. Some of them are stage-managed or planned to gain engagement or followership. He could scream, fall on the floor, or even tear his clothes; all might be fake.

The first comment however was where I could say is a lot misleading. Tagging the irrecoverable nature of private keys or seed phrases a bad design? What happens to the various ways you can safeguard your keys. Should it matter so much that other people look after these things for you, then that individual should get a safe deposit box and have the bank do the securing for them or perhaps go against popular advice and use exchanges for that purpose.

There are ways, risky ways and that’s the option cryptocurrency gives you, complete liberty to do as you please.

Everything in life has merits and demerits. If you want to be your bank and avoid the troubles of centralized platforms, then you should be willing to take responsibility.

[knowngunman]

Bitcoin haven’t got a bad design, we are just poor at managing own security!

People enjoy running away from responsibility and the person with the comment you qoute in your post is one of them. Usually, it's hard to accept responsibility especially in the financial aspects but you can not have financial freedom without being responsible. I once had a similar experience of what you just narrated and learned the hard way. Although what I lost was not that much but experience was well gained. I did not intentionally saved the keys on phone or mistakenly deleted it but a system malfunction occurred before I could copy the phrases elsewhere and until today I lost access to those wallets.

I do have a feeling that people tend to mishandle their wallet security when there is no much funds in the wallet. I don't think any sensible being with millions worth of coins in any wallet will temper with the keys. If they lose the coins through scam or hack is a different story that deserves sympathy but I won't take anyone that lost their coin either by deleting their recovery phrases or misplaced it somehow serious. That's the highest form of irresponsibility.

[joniboini]

I did not intentionally saved the keys on phone or mistakenly deleted it but a system malfunction occurred before I could copy the phrases elsewhere and until today I lost access to those wallets.

That's some crazy luck. I guess you're using an old version of wallets where they do't force you to copy/type your seeds before you can manage your wallet properly? As far as I'm aware, most wallets force you to do that now. They disable screenshot, copy-paste, etc on the seedphrase generation to force people to copy them physically, although some users tried to bypass that in one way or the other, like using other phones to take photos and forgetting to keep them offline afterwards.

[Glowy]

How a good day could suddenly be so terrifying

So I was surfing the web, going over “X” formally tweeter earlier today and I came across a screaming clip of a 53 year old said to have accidentally deleted his seed phrase and was seen widely screaming on how can he get his deleted seed phrase back!

Now that wasn’t much of my concern but my concern was the comment right here and I quote

I've laughed at a lot at other people's misfortunes, but this is not one one of them. This is dreadful desperation and doom. A lot of people have lost a lot of money because crypto is just a bad design. It's horrible. I'm never going anywhere near it. At least with a commercial bank I can't lose a code or push the wrong button and lose my entire checking account. Case in point, like this one.

Yeah, you get how I got my subject title. I don’t want to link the tweet so I don’t promote any page and get more views, likes and comments going but, this individual apparently is never coming close to cryptos for this reason, a bad design, like really!

Okay, now this is the case where you find some individual way too deep into centralized systems and don’t want to get their heads out of their because they don’t know how to better take charge of their own security and safety. They always like someone being on the lookout for them.

Now let’s get right back to the situation
1. You install a non custodial wallet on your device, you would be given a seed phrase and is required to write it down, it’s an instruction you receive upon set up and it’s reproduced in the correct order before you could go further.
What went wrong there?
• He didn’t write it down but, could have taken a screenshot or maybe typed (technically that is a written form document right) it on the screen of his device.

2. You are made known this cannot be recovered when misplaced
What went wrong?
• He accidentally deleted it because he had gone the soft copy way with it. If it were to be a hard copy hand written document, of course there would have being no way to loose it so easily.

Still don’t panic and try these things out

What to do
• If it were a screenshot of which, most wallets wouldn’t allow you do and apparently block you from doing but, should you by some means manage it, maybe with a second device, you’ve got to check your device's recycle being. When it’s not there you’ve still got options.
• Deleting a seed phrase doesn’t mean you’ve deleted your wallet right… Technically, you are still logged in on the wallet as all you need is a login password. You can always access your seed phrase if you are still logged in on the wallet, just search out for seeds on the wallet, input your password and it would be shown to you.
• so long as you are still logged in, you can create a new wallet, write down the seeds the right way with a handwritten note and transfer all your coins there.

Then, if you are logged out, had your wallet deleted and misplaced or lost your seed phrase, you’ve still got life and hope. Better to create a new wallet, learn from the flaws of your youth and start building another portfolio by using the DCA strategy. It is hard to take or start anew but, if you are that pro-Bitcoin, I’ll tell you for free that, it isn’t worth harming yourself over it. Life goes on and the world wouldn’t blink for a second without you!

Bitcoin haven’t got a bad design, we are just poor at managing own security!

Indeed bitcoin doesn't design! I dont even understand how bitcoin took the fall for someone else' misfortune lol. You already listed some helpful tips. I was going to say if the user is still logged in, there is a great chance to move thier assets. Good you already detailed the proceedure.

[WhoYouCantKill]

The safety and security of the funds that a person has will always be up to the owner to keep safe and secure. There might be some downside on crypto but there's also an advantage for those who are willing to take the risk. In order to do that is to gain vast knowledge first before doing something else and once a person have gained vast knowledge then he/she can start making the funds keep secured. If a person doesn't have good decisions then it's most likely losing the wallet information or storing in a centralized platform like an exchange platforms.

Totally right, people own the responsibility of keeping their funds in a good and safe way, because if they are careless about their funds, they will end up losing everything and go into becoming bankrupt or into having financial issues in their lives and to avoid things from happening, they have to make every effort to make sure they abide to every rules that governs in keeping their funds safe, for their own advantage.

[Juicyhome]

Totally right, people own the responsibility of keeping their funds in a good and safe way, because if they are careless about their funds, they will end up losing everything and go into becoming bankrupt or into having financial issues in their lives and to avoid things from happening, they have to make every effort to make sure they abide to every rules that governs in keeping their funds safe, for their own advantage.

That's the first lesson in crypto class, how to safe guide your wallet and funds, come crypto wallet has no forgotten password, they built it so no one can access your wallet without your involvement. Everything about crypto is independent, scammer needs your consent to hack your wallet. No matter what happened don't share your password or keys online in any platform or send it to anyone random person online. You will lose your funds, to protect our wallet is very necessary in crypto investment journey.

[Emjay24]

I had not reached a point where I had sent real funds to the wallet, but I can imagine how a newbie could end up in a similar situation and lose money in the process. I don’t even know why a wallet would even give you the option of deleting your keys from within their app. I know you’re supposed to make a backup, but with passkeys, I thought they were immediately backed up to the cloud as soon as they’re created, which doesn’t seem to be the case.

That's the total responsibility that comes with decentralization, everything you do with your Bitcoin wallet is entirely up to you, there are little or no safeguards. However, I have always thought that it would be a better design if deleting your wallet comes with an automatic backup feature of your wallet file which you should be notified of so that if it's a mistake, you'll go ahead and retrieve the wallet, if not, you proceed to delete it permanently.

[sleepfirefly]

Bitcoin haven’t got a bad design, we are just poor at managing own security!

we have become too dependent on third parties that we do not even think twice about what they could possibly do with our data and our money. we have become complacent. this is why some still refuse to enter crypto because they do not want to be responsible of their own funds.

[Marykeller]

Have you seen the reason why newbies are told to get the knowledge of crypto first before investing? This is one of the reasons, because there are avoidable mistakes a newbie shouldn't have made if they had learn about the basic knowledge of crypto, to safeguard their crypto wallet and assets.

Well, the old man have learn his lesson in a bad way that everyone is the security of their crypto wallet, they should learn to guide it with their might, not to lose it for anything

[ZAINmalik75]

So I was surfing the web, going over “X” formally tweeter earlier today and I came across a screaming clip of a 53 year old said to have accidentally deleted his seed phrase and was seen widely screaming on how can he get his deleted seed phrase back!

How much that person lost doesn't really matter, the thing that matters is he lost money which he must have accumulated with a lot of effort, but now all of it is gone because he deleted the picture or the screenshot, or even the note, or his phone or device in which he kept them is no longer available or was stolen or some mishap occurred, and now he can’t access his wallet. That's a real problem because if it was a non-custodial wallet, which it was in this case, there is no way to recover the funds. Without keys, nothing is yours, that's the harsh reality.

We are so used to saying that if we don't own the keys, we don't own the funds, whenever an exchange gets hacked or a custodial wallet gets hacked. But we don’t look at the other side of this, that we actually don't own the funds even if we are storing them in non-custodial wallets, if we lose the keys.

[Porfirii]

So I was surfing the web, going over “X” formally tweeter earlier today and I came across a screaming clip of a 53 year old said to have accidentally deleted his seed phrase and was seen widely screaming on how can he get his deleted seed phrase back!

How much that person lost doesn't really matter, the thing that matters is he lost money which he must have accumulated with a lot of effort, but now all of it is gone because he deleted the picture or the screenshot, or even the note, or his phone or device in which he kept them is no longer available or was stolen or some mishap occurred, and now he can’t access his wallet. -snip-

I think that the amount he lost really matters. We all have been newbies, and when you start playing with a few bucks and learning on the go how to make transactions or handle your seeds, it is not too reprehensible to commit some kind of accident that is part of learning. But by you hold a decent amount in crypto you should know how to keep them safe, and that is incompatible with having your seed phrase stored somewhere you can accidentally delete it.

[Cossyblack]

.That's the first lesson in crypto class, how to safe guide your wallet and funds, come crypto wallet has no forgotten password, they built it so no one can access your wallet without your involvement. Everything about crypto is independent, scammer needs your consent to hack your wallet. No matter what happened don't share your password or keys online in any platform or send it to anyone random person online. You will lose your funds, to protect our wallet is very necessary in crypto investment journey.

Your right, wallet cannot be hacked easily by scammer without our consent. Scammers can't access our wallet without the correct seed phrases unless we intentionally or mistakenly give to them. Our seedphrase is the only key to unlock our wallet,as long as we keep it safe from people,our wallet is protected. It is a must for every bitcoin investor to learn how to protect keep their wallet, a responsible that shouldn't be taken for granted.

[sokani]

According to the post on X you shared, it said the user mistakenly "deleted" his seedphrase.

Meaning, he stored it in a digital form, which is not even the best way to store the seed phrase. Also, it is because of mistakes like this and others, such as fire outbreaks, earthquakes, flooding, etc, that people are advised to have multiple backups in case they lose their device or seed phrase, they can always retrieve it from another location.

So, in a nutshell, crypto is not a bad design. There are information available that can help one better protect and keep his/her assets safe. But, sadly, some persons will always be stupid.