- Thread Author
- #1
The story of someone who lost millions in cryptocurrency because their landlord threw away all their belongings serves as a stark reminder of how vulnerable the physical custody of digital assets can be. Personally, I believe this case demonstrates that simply having private keys on a device or a piece of paper isn't enough: security also depends on the environment in which we store those tools. The most worrying aspect is that, unlike a bank account, there's no way to claim or recover what's been lost. For me, the lesson is clear: if you manage large sums in crypto, you must diversify your custody across hardware wallets, encrypted cloud storage, and, in some cases, institutional solutions. Ultimately, this episode reflects that decentralization brings freedom, but also an enormous responsibility in protecting our own assets.