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You steal the wallet, you own the house. You lose the wallet, you no longer own the house.


The wallet has a pin code and it erases itself after 3 failed attempts.

It would be a great improvement in security.


So what happens when the owner wants to sell it, but forgets the PIN?


He recovers the wallet from a seed stored in safe place.


And how does he prove he's the owner to get into that safe space?




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