161. Bitcoin storage with NVK
The Bitcoin Standard Podcast
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The Importance of Having Backups of Your Bitcoin
The idea is to have a passphrase and a seed. And they're two separate pieces of metal and they are distributed, right? So you have them in two separate locations. If somebody gets to your to your device in a backup, you know, good luck to them. They can't do anything about it. It's the same with the X order is a way to where to split the seed so that the backup is not a single point of failure.
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