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this post was submitted on 11 Sep 2023
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That makes a lot more sense. Presumably you can back up the key however you like to avoid situations like this?
Absolutely, but do mske sure the backups are secure, anyone with access to them can move those bitcoins.
You can. However, it's easy to not bother, particularly when bit coin were a few pence each. Now the price is sky high, it's suddenly worth millions.