Quote:
Originally Posted by dino7c
You do hear stories of people getting scammed out of their BTC but really people get bilked out of billions of dollars in fiat ever day too.
If you aren't a moron and do a little research its very safe. If a hardware wallet fails you can still access your crypto with the 24 word recovery phrase. The big exchanges are "safe" but I wouldn't leave hundreds of thousands of dollars in them now.
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does the recovery phrase exist 'within' bitcoin or the wallet's manufacturer?