My 'Not So Secret' Crypto Wallet Hack
Use any book to create a $1million treasure hunt
We all have the same problem.
Any crypto asset investor will know how hard it is to securely store their seed phrase.
A ‘seed phrase’ is a string of multiple words used to recover their holdings from digital or physical wallets.
NOTE: Writing it in your iCloud notes is probably not secure.
In Ben Mezrich’s fantastic book ‘Bitcoin Billionaires’ he outlines that some investors engraved their Bitcoin wallet keys on the inside of their rings... So they’d never forget.
It got me thinking about a more secure way to recover my long-term holdings. Especially if I die.
My solution (and I’m sure others have come up with this too) is to create a literal treasure hunt within a book of your choosing.
Leave roman numerals next to them.
Or simply create a code using the page number, line and number of words across (e.g. 96-8-2)
Whatever you decide, it will be a physical, self-custodied reminder of your seed phrase… To recover everything.
Upon my death, there is a code in my will that leads the beneficiary to the book — and then it’ll be up to them to piece together the phrase to access my wallet(s).
Who knows what it’ll all be worth by then.
Nothing says “Sorry, I’m dead” like a multi-million dollar treasure hunt.