-7
How can I save my money in crypto privately and safe?
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Mar 2026
-7 points (36.0% liked)
Privacy
46763 readers
754 users here now
A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
Some Rules
- Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
- Don't promote proprietary software
- Try to keep things on topic
- If you have a question, please try searching for previous discussions, maybe it has already been answered
- Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
- Be nice :)
Related communities
much thanks to @gary_host_laptop for the logo design :)
founded 6 years ago
MODERATORS
Since by design cryptocurrencies aren’t backed by banks/nations and any transaction is permanent, they are by definition not safe.
At best, you can save out your wallet to an encrypted drive, then write it back to your phone when you need to use it. Make copies, so if one gets lost, you don’t lose the value itself.
For me it's argument why they might be safe. Of course cryptocurrencies in my opinion aren't that safe and I have reasons to think like that, but I don't agree with your agument.