In 2011–2012, Clifton Collins bought 6,000 $BTC for five bucks each. When the asset went through the roof, paranoia kicked in: he split the seed phrases across 12 wallets and hid the pieces of paper with the keys... inside a fishing rod case.
In 2017, he was busted by the cops for a crime. While he was doing time, the rental house changed hands, and the landlord simply threw the old fishing gear in the trash. The result: hundreds of millions of dollars are still sitting in wallets that are physically inaccessible.
The lesson is crystal clear: paper backups are essential, but if your “cold wallet” is lying around in a tube at a rental place, your assets could end up in a landfill faster than Bitcoin can hit a new ATH.
Where do you keep your seed phrases? Be honest 👇
#tigerstreet
DYOR / NFA
🚀 FOLLOW US 🚀
In 2017, he was busted by the cops for a crime. While he was doing time, the rental house changed hands, and the landlord simply threw the old fishing gear in the trash. The result: hundreds of millions of dollars are still sitting in wallets that are physically inaccessible.
The lesson is crystal clear: paper backups are essential, but if your “cold wallet” is lying around in a tube at a rental place, your assets could end up in a landfill faster than Bitcoin can hit a new ATH.
Where do you keep your seed phrases? Be honest 👇
#tigerstreet
DYOR / NFA
🚀 FOLLOW US 🚀
