“One can use a “brainwallet”. Refugees need to carry nothing with them, all they would need to do is remember a Bitcoin wallet passphrase. Funds, potentially millions of US dollars, can therefore be effectively stored inside of one’s mind.” – Bitmex research
What is a bran wallet and what exactly are the risks and benefits of trying to store Bitcoin in your mind? Is it so simple as generating a key from your favorite quote? Or could this just be a recipe for disaster? In a time where it is more important than ever to hold your own keys and prepare yourself for the raging bull, Bitmex Research brings us a timely article about the security and concerns of storing Bitcoin in your brain?
Check out the phenomenal amount of research at the Bitmex blog:
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