@unstoppable.cash
more from that month
Peter Schiff Didnt “lose” his bitcoin because of poor UX!
Most people that **VALUE** *something* they have spend time, effort and resources to protect that value. Generally the more value perceived, the more effort will be spent to protect that *thing.* Even traditional forms of assets that are valued are **PROTECTED**! If one has more cash (folding money) at home than they would keep in their wallet or purse they are most likely going to spend effort to protect that cash from: Theft Fire The amount of effort to protect their cash will generally equate to the level of ***value*** that person places on their cash. But most everyone spends effort to protect things they value, not just cash but many things from their physical assets to their family etc… Schiff Didn't VALUE his Bitcoin Schiff "*lost"* his bitcoin because he didn't **VALUE** it! Schiff has repeatedly said he does not *value* bitcoin. Among many other things over the years, he has said: “*You cant do anything with Bitcoin*.” https://twitter.com/PeterSchiff/status/1196483666882498560 If Schiff had placed even a modest amount of *value* in his bitcoin he would have done whatever it would take (not that much, just secure his *seed-phrase*) to find out how to **protect** it! https://en.bitcoin.it/wiki/Seed_phrase Sure, bitcoin UX will likely get better. But it is already decent! It is NOT that difficult, especially compared to what most all of us already do to protect anything that we value! And yes, it is incumbent on we the *johnny apple seeds* to educate newcomers to at least be aware of why securing the *seed phrase* is important. But in the end, only the newcomer is responsible! https://en.bitcoin.it/wiki/Seed_phrase Schiff “lost” his bitcoin because he didn't VALUE it!
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