 Carl Crypto Hound is asking is it safe to use key pass or assuming some other password manager last pass one password etc to store a mnemonic phrase and the question is is this a mnemonic phrase for a hot wallet or a cold wallet because that's the immediate follow-up question I would have if it's for a hot wallet yes absolutely perfectly fine because the security of your password manager should be better than a generic operating system and buggy application that you've stored that same mnemonic phrase in in order to use it on whatever device you have the hot wallet on otherwise if your password manager wasn't more secure than that then what's the point of having a password manager in the first place so from a risk perspective relative risk between the two is fine cold storage absolutely not I would never store a mnemonic phrase for a cold storage wallet on a password manager that is by definition an online device why would I not store it because I don't trust keyboards I don't trust keyboard drivers I don't trust the operating system I don't trust that there's no trojan sitting between I don't trust all the things that I would need in order to put that seed into my device I also don't trust the screen and the fact that it's very easy with a trojan to just take screenshots whenever specific applications show up and what obvious thing to do what more obvious thing to do can you imagine than taking a screenshot every time one of the password managers windows pops up I would certainly set that up in my trojan if I was writing a trojan so from that perspective I wouldn't trust the input into the password manager or the ability to read it back securely without someone else getting into it first of a password manager for cold storage in general when I'm talking about cold storage seeds mnemonic phrases these mnemonic phrases have never been typed into a computer they have never been displayed on a screen that is not the purpose made screen of the hardware wallet they have most certainly never been typed in sequence even if I've done a recovery with them in which case they're typed in a random sequence interspersed by decoy words you know all of these techniques ensure that they never go online and so no I wouldn't use a password manager for that purpose if you enjoyed this video please subscribe like and share all my work is shared for free so if you want to support it join me on patreon