Quote from: ranlo on October 01, 2015, 08:57:47 PM

Quote from: ranochigo on October 01, 2015, 10:02:32 AM

Quote from: btvGainer on September 21, 2015, 11:13:52 PM

Quote from: uxgpf on August 30, 2015, 12:58:34 PM

Quote from: Lanpenn on August 30, 2015, 12:54:11 PM

Except that if I want to save a considerable amount of money, but in bitcoins.

Then print a paper wallet, put it into a safe place and move your bitcoins there.

if I create a paper wallet and move my bitcoin there then how can I send bitcoin to someone if I need to? what do I do to use it?

Paper wallet is safe but is not as user friendly as offline computer. Mycelium has a feature which allows you to spend money from your paper wallet by scanning a Qr code. However, it would not exactly qualify as safe if you were to use your phone which you use daily as it would be exposed to the internet. Buying an android phone isn't viable as purchasing a raspberry pi and install electrum on it.

The more I hear ideas, the more I get pushed to the idea that hardware wallets are the way to go (like Trezor). Even the pi can be exploited.

Only if you do something wrong with the PI. Such as searching online with it and using it as not a cold storage device. If you use a pi as storage chances are it should be offline.

I suppose it's possible a computer on network is infected and it get's to pi when it's plugged in temporary. But will not happen to often on this.

As far as cold wallets paper still beats pi on security. You can not hack a paper (as long as it's done right).