[Gmac]

(11-13-2017 05:17 PM)jamaicabound Wrote:  

(11-13-2017 08:47 AM)MikeS Wrote:  

(11-13-2017 08:28 AM)kuros Wrote:  

Hardware wallets are recommended by almost everyone, the problem is if your expensive hardware wallet gets stolen, you lost all your money just the same as you lost cash.

Plus it is complicated to set up, not accesible to be understood by 99.9% of population

You realize two people already corrected you on that misconception in another thread a couple of days ago, right?

thread-65723.html

You don't lose your money if your hardware wallet is stolen (and you haven't thrown out the passphrase seed you need to restore it).

Mike is correct and OP your doing a disservice to people steering them away from hardware wallets with this misinformation. If I lost my Trezor today I could buy another Trezor and recover my wallet, and even if I didn't want to buy another one I could recover through Electrum. THere is also no risk to my Trezor floating around lost as without my pin someone could not access my wallet.

Just to be clear it is NOT TRUE that a lost hardware wallet equals lost crypto.

Important post to not miss. ^^

Also if you're serious about your holdings (and talking about it here on a public forum) be sure you're near expert-level knowledgeable in internet security.

Too many idiots out there sharing information about their own holdings and dealings.