Lucas M on Nostr: It doesn't use a seed phrase. Block holds a backup wallet for you. Therefore, if you ...
It doesn't use a seed phrase. Block holds a backup wallet for you. Therefore, if you lose both your phone and Bitkey, you must contact Block customer support to receive your lost funds. In short, not having a seed makes you completely reliant on Block and doesn't teach anyone anything about independent financial security. It just grants more unneeded convenience. Convenience >>> laziness.
Published at
2025-05-28 16:26:09Event JSON
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"content": "It doesn't use a seed phrase. Block holds a backup wallet for you. Therefore, if you lose both your phone and Bitkey, you must contact Block customer support to receive your lost funds. In short, not having a seed makes you completely reliant on Block and doesn't teach anyone anything about independent financial security. It just grants more unneeded convenience. Convenience \u003e\u003e\u003e laziness.",
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