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Question for #Bitcoin peeps What's better the better way of storing bitcoin long term? 1. Storing your bitcoin in a hardware wallet or 2. Buying Wrapped Bitcoin on Ethereum and storing it in a smart contract wallet like @argentHQ
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I've been thinking about it myself and I think option 2 is better as you eliminate the risk of getting phished since you don't know/have access to your recovery phrase But then again, how do you trust that there will be no issues with the 1:1 backing of Wrapped Bitcoin? π€
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I'm probably going to have to do more research on the latter point but if anyone has any resources or links about Wrapped Bitcoin, I'd love to see them
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