Why This Matters
Unlike a custodial wallet where Wallet of Satoshi can help restore access, in self-custody you are the only one who controls your Bitcoin. That means if your wallet or backup is lost, there are serious consequences.
If You Lose Your Device
If you still have your backup (Google Drive backup or 12-word recovery phrase), you can easily restore your wallet on a new phone.
If you don’t have a backup, your funds are permanently lost. There is no way for anyone - including Wallet of Satoshi - to recover them.
If You Lose Your Backup
Your wallet may still work on your current phone.
But if you ever delete the app, reset your phone, or lose the device, you won’t be able to restore your wallet.
This means your funds are at risk until you create a new backup.
If Someone Else Gets Your Backup
Anyone with access to your recovery phrase can restore your wallet on their own device and spend your Bitcoin.
Wallet of Satoshi cannot block or reverse these transactions.
How to Stay Safe
Always create a backup when setting up your wallet.
Keep your backup private and secure - never share it with anyone.
Test restoring your wallet on another device if you want peace of mind.
Update your backup if you change devices or backup methods.
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