Quote from: onemorexmr on March 08, 2015, 09:31:47 PM

Quote from: specgamer on March 08, 2015, 09:25:30 PM

Did some research this is a great way, I actually tried it out too. WORKS great Wink

https://coinreport.net/coin-101/how-to-secure-your-bitcoin-wallet/

i fail to see how this is related to my question? (ah i see... sig ad Wink

)
i know how to secure my bitcoins...

for 1btc (the only bitcoin my friend has) a wallet password is secure enough... he should just have written it down somewhere (damn)

Yes, for non-trivial accounts, passwords should be stored somewhere besides a person's mind. The risk over a lifetime of a head injury, or just going 10 years without using it and forgetting it, is too great. Unless it's a very simple password in which case the account is not secure anyway. The recording of the password, of course, should be done with care. It should be in a secured location, and not plainly spell out what software/system the password is for, if practical. (A spouse, child, parent etc., or instructions in a will or similar setup should have the knowledge required to retrieve the password and access to the wallet as well. Many people are not thinking long term on this.)