The Cold Wallet Myth

Recently, a man in the United Kingdom is alleged to have lost $176 million in Bitcoin, not to a sophisticated cyber syndicate, but to someone simply watching him type a seed phrase through a CCTV camera. For years, the mainstream crypto narrative has promised that taking your digital assets off exchanges and locking them in a top-of-the-line hardware wallet makes you completely untouchable. They tell you that as long as you generate your 24word seed phrase offline and hide it in a safe, your wealth is perfe ...