Re:Crypto Exchange AAX Suspends Withdrawals
by xur17 on Monday November 14, 2022 @11:45AM
(#33596811)
The equivalent of writing my seed phrase down and storing it in 1 location.
With crypto I can:
* lock my cash on a device behind a pin (with forced reset after a few attempts)
* back it up in multiple physical locations, and require n of the m recovery locations to be accessed for recovery
* memorize the seed phrase before escaping from an oppressive regime
None of this is possible with cash in my wallet.
... what do you call putting cash in your wallet?