npub15d…ug5zv on Nostr: You can do it like you described. As long as you physically backup all seed phrases ...
You can do it like you described. As long as you physically backup all seed phrases with which you "stored" bitcoin.
If you have no "active" wallet with your stash, you cannot transfer more bitcoin to it, unless you enter your seed phrase in a wallet. But just for hodling, this should be sufficient.
But if you are hodling a large amount of satoshis, you should be very sure, that the device with which you created your keys, is not compromised.
Hardware wallets are just for creating keys, which cannot be compromised (unless the user makes a mistake).
Published at
2024-10-15 09:14:41Event JSON
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"pubkey": "a37183789c37348853b6ae7e4fb8c241b98313406ee225fd3bff1c91fa6ae16e",
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"content": "You can do it like you described. As long as you physically backup all seed phrases with which you \"stored\" bitcoin.\nIf you have no \"active\" wallet with your stash, you cannot transfer more bitcoin to it, unless you enter your seed phrase in a wallet. But just for hodling, this should be sufficient.\nBut if you are hodling a large amount of satoshis, you should be very sure, that the device with which you created your keys, is not compromised.\nHardware wallets are just for creating keys, which cannot be compromised (unless the user makes a mistake).",
"sig": "aee037ebd9c726f12aaf414c5d34af544a9f28c7150d52427b8fca2a369611aa73cfd5cae8c47c12047f179dbf70a31db04ff68f975e09e138368a269a467243"
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