So the day comes that the EMP finally hits and fries a ton of electronics.
How it happens, doesn't matter, carrington, nukes, don't matter, just... it happened.
finally as the grid is re established around the world and the internet is brought back up around the world....
How many Billions of dollars of main crypto do you think is going to be lost due to people not having safe backups of their wallets. ie metal plate, paper, emp protected storage, etc and they can't recreate the keys to their wallets to re access them?
By main, i mean, major coins, BTC, LTC, Doge, ETH, XMR etc that have the largest chunk of the market, just say the top 10.
How many billions of dollars will just disappear, be orphaned, because it's now irrecoverable?
With that.
Do you have your keys safe on something that can not get erased or burnt up in a fire.
If not, why not? How much will you lose?
Aaron
It is very difficult to protect ourselves fully from disasters that can destroy our home and also destroy where we may have kept the seed phrase from getting damaged or seen by someone else.
If war happens, it will be very difficult to make sure that our wallet seed is easily accessible if the electronic device gets damaged and the fire engulf the location where our wallet seed was kept. Having a metal backup for seed phrases does not guarantee easy retrieval in fire cases.
