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Storing a million dollars in a digital wallet without memorizing the seed phrase is risky business. The real question is: why would you rely on your phone's memory for assets of that scale?
Phone storage gets compromised, devices fail, and applications crash. If you're holding significant crypto, you need a different strategy. Writing down your seed phrase might feel old-school, but it's infinitely more secure than depending on device memory alone. Hardware wallets exist for exactly this reason—to create an air-gapped layer between your private keys and internet-connected devices. For serious amounts, this isn't optional.