I wish they had this rule back in 2018 when this is exactly how I lost all my bitcoin!
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Well ... if you loose your cold wallet at sea and don't have your 24 words ... it might actually happen
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What happened to me is worse. When the bank and tax office came to ask, I had to say that in a very unfortunate event I trusted a trader I met on Twitter with my bit-coins, who told me I could double or triple my crypto investments.
I trusted him and sent him my life savings to a long random number ("address" or something), but after a few months he told me the coins got unpegged and we had massive losses. I still trust he's a good guy. I could have bought a boat with that money.
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so sry officer like omg fuuuug
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When I first saw this rule, I didn't trust it, you know I'm a rule breaker... So I broke it.
But after having lost my entire stack due to a boating accident in summer 2020, I swear to never bring Bitcoin on boats
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https://nitter.net/SymbolSatoshi/status/1533531792220647424 <-- Shows the thread in a single, easy-to-read, web page
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