Date: February 1st, 2018 4:41 PM Author: Walnut stain headpube
I’m worried about losing it in a fire etc. need to keep multiple copies. I’m thinking about creating a doc on an air gapped PC, putting the pass phrase on it, encrypting it and storing it in the cloud
Date: February 1st, 2018 4:38 PM Author: Talented Charcoal Pit
no. the hardware wallet is not important. it's the seed phrase used to generate the private key. you can leave your hardware wallet around and if it gets stolen your funds are fine.
Date: February 1st, 2018 4:42 PM Author: Walnut stain headpube
I’ll just store the seed phrase with birth certificate etc then. I’m just worried about some bank teller going into my lockbox and stealing the private key
he is right. its tough to steal money from bank account when you are in the US without it being traced back to you. crypto no. somebody could put a gun to your head and make you transfer all BTC/ETH to another wallet and you are done and nobody can get it back for you especially with monero. not to mention there is no atm, bank to monitor transactions