My bro recently destroyed his phone with the recovery passphrase for his wallet. Is there away to still get access to his account?
this post was submitted on 29 Jul 2023
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This is the main reason I don't think I'll ever own a significant amount of crypto, you can always brute force a safe.
I’ll always have access to my brokerage account with Stocks, ETFs, etc even if I lose all my passwords and computers. And no one is gonna mutilate my body for my retirement account password. Can’t say the same for a crypto wallet.
- wait for it to rain
keep it on Coinbase next time
Misses the point of crypto I'd say. You lose control of your assets. Keeping multiple backups is the way to go imo.