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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.

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