Oddbean new post about | logout
 so then i will tell you all of the hooplah layers of hot and cold keys and jumping around is a demonstration of lack of trust. i think wallets for saving stuff is a great tool. i think relying on it as the only means of preserving information and the only "safe" mechanism is exactly the problem: no trust. 
 if you are honestly able to say there is no identity theft or "cancer" issue with the overly complicated mess above, then it makes sense. but you cannot. in theory, all of the lockouts and lack of trust with mining cause the identity theft and "cancer" problems.