According to a recent account from a member of a Bitcoin forum community, some members of the federal government have a better understanding and knowledge of Bitcoin than before. The post stated that during a raid, the government knew to take advantage of an unused Trezor wallet and transfer the Bitcoin to its own Bitcoin wallet. Hardware wallets are a highly recommended way to store Bitcoin if used correctly. Understanding how to keep Bitcoins safe is a fundamental issue that any new user will face. To quote the post directly: When Homeland Security raided our house, they took several Trezors. BTW: Homeland Security stores all of their Bitcoins on Trezors that they either bought themselves or seized from others! The question is not whether Trezor wallets are acquired by some group or whether they will replace Ledger wallets. Rather, it is if a government official has decided to use a hardware wallet. There are many strategies for keeping your Bitcoins safe, and for long-term storage, hardware wallets are once again highly recommended. Although it is difficult to store Bitcoins encrypted for a long time, it is also important. In the event of a problem, an encrypted wallet is more secure. |
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