There are so many wallets capable of storing or keeping BTC safe; some of these kinds are multisets and HD wallets. Although they are safe and all, a third party can encounter little challenges as it's quite difficult to crack or access due to the fact that the owner must have used a difficult passphrase.
Now, with brain wallet, one will not need to worry about the above-mentioned hassles as it helps create a passphrase that can be relied on, and will not need an individual to create a wallet
But in a situation where the owner loses his memory or cannot remember his passphrase, what then happens to his BTC?
I do love your name choice.
Back to thread.
Yes if you don’t care about losing the coins is the correct answer.
Since it is only contained in your brain 🧠 your brain and my brain and all of humanity’s brains are easily broken and you can also forget anything you remember .
For example
1st grade teacher name ? forgot
2nd grade teacher ? Mrs De Pace
3rd grade teacher? forgot
4th grade teacher? forgot
5th grade teacher? forgot
6th grade teacher? forgot but the 5th was the same as the 6th
7th grade teacher? mr paratore
8th grade teacher? sister francine
so I am 3 for 8
granted I am covering 1962 to 1970 time frame but those are what I remember
okay
phone numbers
212 835 8851 same time
718 835 8851 say 1972 to 1987 when house was sold.
when i got married and move to an apartment in 1986 I have zero Idea 💡 what that number was.
I can give endless examples of memory failure for most anyone. With out looking back what is the second sentence in this post?
I wrote it and iirc i wrote. back to the op. and a fail as it was :
Back to thread.
The list of forgettable things gets bigger as you get older.
I am 65 and fully aware that I forget various things at various times.
oh how about this.
California
Hawaii
Philippines
Diego Garcia
Mauritius
Australia
Hawaii
California
That list of places covers a Navy Trip I did in 1979 to 1980
and I also remember each city port we sailed into and out of.