There are 3 security mechanisms that prevent you from accidental loss or theft of your Bitcoin:

1. Two-part PIN on the Coldcard device

2. Seed Backup recovery codes

3. Wallet passphrases

If you lose your Coldcard

• The Seed Backup allows you to recover your Bitcoin wallets

• Your Passphrase allows you to unlock the recovered Bitcoin wallets

If someone steals your Coldcard

The PIN protects unauthorized access to your Coldcard device, should it fall into the wrong hands.

If someone steals your Coldcard and your PIN

They will be able to unlock the device, but they will not have access to your Bitcoin wallets without the Passphrase

If someone steals your Seed Backup recovery codes

They will not be able to recover your Bitcoin wallets without the Passphrase.