5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC108: Bitcoin Retirement and Inheritance Planning w/ Jeff Vandrew and Phil Geiger (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Biggest Mistakes People Make With Private Keys

The first mistake is not writing down your seed phrase. The devices out there that are on the market right now are very good and they are secure, but we shouldn't assume that they will last forever. Having a physical seed phrase gives you a lot of optionality. I would recommend multi-signature which does a better job of what we want our passphrase to do.

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