Bitcoin self custody storage “bank”

One of the biggest hurdles that I think BTC adoption will be faced with is self custody and the risk of losing the seed phrase. I feel like there is a market for a self custody style repository of some sort. Like a bank I guess but it doesn’t have business hours and just stores wallets. I’m not sure how to articulate what is in my head. But a place where you can store a seed phrase digitally but it is guaranteed secure and only you have access to it. Or is there something already like this? I have a trezor and my seed phrase is secure but let’s say we have to move I have to figure out what to do with it at the new place. Transport the seed phrase in whatever form it’s in so always a chance it could get lost or any number of things. I can’t imagine when bitcoin adoption truly takes off that the average person is going to want to deal with that. I hope this is a good conversation starter. submitted by /u/TheFudge [link] [comments]

Apr 27, 2025 - 22:56

One of the biggest hurdles that I think BTC adoption will be faced with is self custody and the risk of losing the seed phrase.

I feel like there is a market for a self custody style repository of some sort. Like a bank I guess but it doesn’t have business hours and just stores wallets. I’m not sure how to articulate what is in my head. But a place where you can store a seed phrase digitally but it is guaranteed secure and only you have access to it.

Or is there something already like this? I have a trezor and my seed phrase is secure but let’s say we have to move I have to figure out what to do with it at the new place. Transport the seed phrase in whatever form it’s in so always a chance it could get lost or any number of things. I can’t imagine when bitcoin adoption truly takes off that the average person is going to want to deal with that.

I hope this is a good conversation starter.

submitted by /u/TheFudge
[link] [comments]