Re: Why do people store their bitcoin on a file, or on paper?
I've been wondering for a while about this.
Why do people do it? I mean, if you use an online wallet, it way safer that having it stored on a file or paper which can be stolen at any time.
An online wallet has too much security for this. Like Two-Step Verification, or a pin code, etc..
Why do people do it? I mean, if you use an online wallet, it way safer that having it stored on a file or paper which can be stolen at any time.
An online wallet has too much security for this. Like Two-Step Verification, or a pin code, etc..
buy a hardware wallet:
https://bitcointalk.org/index.php?topic=899253.0
A hardware wallet can fail, just like memory USB sticks...
I think saving your wallet.dat file inside an encrypted compressed file on several different places is the best way to go. If you only rely on some hardware wallet, you might regret doing that. I think its better to spread it across different hard drives, usb pendrives and whatnot.