Wow!
Seed management and Bitcoin is more difficult and confusing for people than I have thought.
A co-worker of mine, a bitcoin holder for 10+ years, completely shocked me yesterday as he casually mentioned to me that he entered his seed into a mobile app just because "reasons".
We are talking about mid range 6 figure and the guy has a ledger.
To all attempts to ration him he said that I have paranoia and it's completely okay to enter seed in a mobile app if it's from a known, well respected company, because what could go wrong and otherwise how would Azure work (wut!?!?) if anything online could not be trusted.
After me spending a hour explaining, he kind of agreed that seed is compromised and has to be rotated, just to (2 minutes later) say that he was going to use an online windows computer to create a new one because because a virtual machine would be safe enough.
I'm speechless and shocked now.
Important context: we are a IT security (!) company and the guy is C level.
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Replies (3)
It's weird to me, but I find that IT security people sometimes reject best practices based on their own flawed reasoning. When you think you really understand something, it's easy to get cocky.
Crazy. In my IT circles very rare it-guy uses password manager, which is shocking to me. I saw cases how otherwise smart javascript-dev or php-dev has hard time understanding git workflow.
but why are you wasting your time on him?
He is a long time co-worker and we are sitting in the opposite rooms. We communicate a lot during the day anyway.