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“ fundamentally a password is a trust anchor in your brain.”

In other words, something you have (until you forget it). But also something you have to give to someone else after which all security bets are off.

A private key is also something you have (until you lose it). It is not something you ever have to give to anyone else. If you protect it with a password you don’t have to give that password to anyone else.

Big difference!



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