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Topic: Here is why they say to store your seed "offline" - page 3. (Read 574 times)

legendary
Activity: 2576
Merit: 1860
It's not just the cloud actually. It is not recommended to store any piece of sensitive information online. Anything stored online could be illegally and legally accessed by anybody. And not only do you not have complete and sole control of your information, even the storage itself is not within your control. The authorities could conduct a search in a cloud storage. Furthermore, even encryption does not guarantee complete security.
hero member
Activity: 510
Merit: 4005
Not just your seed phrase / private keys, but any data you really care about is too risky to exclusively store in the "cloud". Always make sure you have local copies of important stuff.

Also, never store anything sensitive without encrypting it first. There are data breaches all the time, and this can easily lead to your bitcoin disappearing and your accounts being hacked.

TLDR: The only thing cloud storage is good for is (client-side) encrypted backups. But if you don't know exactly what you're doing, just avoid it altogether.
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