Crypto Twitter had a great laugh over the last few days, when it was made known that Peter Schiff had lost his entire Bitcoin fortune. through no fault of his, mind you, because the platform had corrupted, and did not accept his password as genuine. So, in this post, let’s take a look at the basics of bitcoin storage, and how to protect your bitcoin.

I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad! pic.twitter.com/6SJvDJOZU6

To be honest, bitcoin is a lot like a hoard of cash, and you’re your own banker. If you had a bag of cash, stashed