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Thats the fun part, you don't have to purchase any cryptocurrency. All you need is a crypto wallet and you have a public/private key pair.

Crypto only empowers this by encouraging people to maintain their keys with a serious financial incentive.



That doesn't solve anything. People will still lose their keys. What is the key recovery strategy?


Check out Vitaliks post on the topic :

https://vitalik.ca/general/2021/01/11/recovery.html


This is a cool insight.




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