The sensitivity of my bank password is much lower than a seed phrase because most bank transactions can be reversed as long as I notice them in time and prove my identity to my bank.
With bitcoin nothing is reversible so every step of the process is a huge security risk where you can fall off a cliff and experience financial permadeath of "your" crypto, assuming a sufficiently motivated attacker.
alt Hacker News
The sensitivity of my bank password is much lower than a seed phrase because most bank transactions can be reversed as long as I notice them in time and prove my identity to my bank.
With bitcoin nothing is reversible so every step of the process is a huge security risk where you can fall off a cliff and experience financial permadeath of "your" crypto, assuming a sufficiently motivated attacker.