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)