Last week I almost had a heart attack due to a lost #Bitcoin seed phrase. 🤮
I onboarded a close friend a while back & they lost their paper backup while travelling. They hit me up & asked what happens from there. 🤦♂️
They still had wallet access (which was full-password encrypted) via their wallet app, so I walked them through creating a second wallet, backing up THAT seed & then moving the funds over. I reiterated how important it is that nobody ever have access to their offline backup & they understood the importance/gravity of the situation MUCH better than the initial setup I walked them through; sometimes people really do need to get burned in order to learn the lesson. I then told them to never use the first wallet ever again because they had to assume that someone else was in possession of the seed. 💁♂️
This case was SUPER lucky & the #BTC gods were looking down on them, but unfortunately, many such cases will occur in the future. 🤷♂️
Remember kids…
…not your keys, not your coins.
Protect your seed phrases AT ALL COSTS & learn to implement multi-sig so that you NEVER have a single point of failure; DO THE FUCKING WORK TO SECURE YOUR SATS. 🫴
Thank you for coming to my TED talk. 🤙
exist270
npub1dj…mycku
2025-05-30 07:28:01
Author Public Key
npub1dja4taqf6kxwajv3a6cmf2s80yc705rc6eya5enp9ppfhdnmdyxq6myckuPublished at
2025-05-30 07:28:01Event JSON
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"created_at": 1748590081,
"kind": 1,
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"content": "Last week I almost had a heart attack due to a lost #Bitcoin seed phrase. 🤮\n\nI onboarded a close friend a while back \u0026 they lost their paper backup while travelling. They hit me up \u0026 asked what happens from there. 🤦♂️\n\nThey still had wallet access (which was full-password encrypted) via their wallet app, so I walked them through creating a second wallet, backing up THAT seed \u0026 then moving the funds over. I reiterated how important it is that nobody ever have access to their offline backup \u0026 they understood the importance/gravity of the situation MUCH better than the initial setup I walked them through; sometimes people really do need to get burned in order to learn the lesson. I then told them to never use the first wallet ever again because they had to assume that someone else was in possession of the seed. 💁♂️\n\nThis case was SUPER lucky \u0026 the #BTC gods were looking down on them, but unfortunately, many such cases will occur in the future. 🤷♂️\n\nRemember kids…\n\n…not your keys, not your coins.\n\nProtect your seed phrases AT ALL COSTS \u0026 learn to implement multi-sig so that you NEVER have a single point of failure; DO THE FUCKING WORK TO SECURE YOUR SATS. 🫴\n\nThank you for coming to my TED talk. 🤙",
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