Why is dividing seed words and storing them in different locations a bad idea? Why is this a loss in security? How is this less secure as compared to Shamir's Secret Sharing? This question is from the February monthly patron session, which took place on February 29th, 2020. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop Correction: At 6 minutes into the video Andreas mentions that brute-forcing 80 bits of entropy is 2^196 times easier than brute-forcing 256 bits of entropy. It is actually 2^176 times easier. Related Videos: Bitcoin Q&A: Key management and inheritance planning - https://youtu.be/W3XADagE6P8 Bitcoin Q&A: Key storage best practices - https://youtu.be/A5I55aOgX2o Bitcoin Q&A: Is quantum computing a threat? - https://youtu.be/wlzJyp3Qm7s Bitcoin Q&A: Setting up secure storage devices - https://youtu.be/wZ9LxLLvfXc Bitcoin Q&A: What is a private key? - https://youtu.be/xxfUpIV9wRI Bitcoin Q&A: Multi-signature and distributed storage - https://youtu.be/cAP2u6w_1-k Bitcoin Q&A: How do mnemonic seeds work? - https://youtu.be/wWCIQFNf_8g Bitcoin Q&A: Threshold signatures and Shamir secret sharing - https://youtu.be/4U52kZYBApM Bitcoin Q&A: Incentivised cybersecurity & decentralization - https://youtu.be/Z5_laR0bwHg Bitcoin Q&A: Data integrity and validation of keys - https://youtu.be/LjbREINFrZk Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money" series, and "Mastering Ethereum." Follow on Twitter: @aantonop https://twitter.com/aantonop Website: aantonop.com Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq German, 'Das Internet des Geldes' (v1) - https://amzn.to/2LEiyqO German, 'Das Internet des Geldes' (v2) - https://amzn.to/2VCzse5 French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM: https://amzn.to/2xdxmlK Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin)