If in the course of this impending WW3, our fragile power and communications infrastructure gets destroyed, how does a person access his or her Bitcoin?
Bitcoin is like the internet—a resilient protocol, not reliant on any single point of failure. Even if infrastructure collapses let’s say in a couple of countries, access depends on two key things: (1) owning your private keys (stored offline, in steel, or memorized) and (2) alternative networks (satellite, mesh nets, or radio) to broadcast transactions. No banks, no borders, just math.
I had a friend up in Tennessee who had $25K stolen from his cryptowallet. The company providing the wallet's response was they had no idea who did it, how it happened, but they gave no guarantees.
With a wife and two young daughters,I can only imagine the strain and hardship this caused. But his is not an isolated case. How could this even happen? How could there ever no forensics to trace?
Never store large savings in hot wallets (cellphones) or on exchanges/brokers! Always use a cold wallet (hardware wallet) where you control your private keys offline. This makes it physically impossible for hackers to access your funds remotely.
Crucial Reminders:
- Buy ONLY from the official manufacturer’s website (e.g., Ledger, Trezor). Avoid third-party sellers (Amazon, eBay, etc.), as tampered wallets with malware/keyloggers exist.
- Never share your seed phrase
- store it securely offline (e.g., metal backup).
- Verify wallet addresses before transactions to avoid phishing.
Cold wallets are the gold standard for long-term security. Stay safe! 🔒
If in the course of this impending WW3, our fragile power and communications infrastructure gets destroyed, how does a person access his or her Bitcoin?
Bitcoin is like the internet—a resilient protocol, not reliant on any single point of failure. Even if infrastructure collapses let’s say in a couple of countries, access depends on two key things: (1) owning your private keys (stored offline, in steel, or memorized) and (2) alternative networks (satellite, mesh nets, or radio) to broadcast transactions. No banks, no borders, just math.
Thanks for the response.
I had a friend up in Tennessee who had $25K stolen from his cryptowallet. The company providing the wallet's response was they had no idea who did it, how it happened, but they gave no guarantees.
With a wife and two young daughters,I can only imagine the strain and hardship this caused. But his is not an isolated case. How could this even happen? How could there ever no forensics to trace?
Never store large savings in hot wallets (cellphones) or on exchanges/brokers! Always use a cold wallet (hardware wallet) where you control your private keys offline. This makes it physically impossible for hackers to access your funds remotely.
Crucial Reminders:
- Buy ONLY from the official manufacturer’s website (e.g., Ledger, Trezor). Avoid third-party sellers (Amazon, eBay, etc.), as tampered wallets with malware/keyloggers exist.
- Never share your seed phrase
- store it securely offline (e.g., metal backup).
- Verify wallet addresses before transactions to avoid phishing.
Cold wallets are the gold standard for long-term security. Stay safe! 🔒
Thanks for the valuable input. I will mist certainly pass this on.
All the best, sir!