Post
Topic
Board Development & Technical Discussion
Re: Why I Am Not Using Hardware Wallet For Cold Storage
by
Kronos21
on 10/08/2017, 14:30:46 UTC
Not sure if I should post it here, but I just wrote a steemit article on "Why I Am Not Using Hardware Wallet For Cold Storage" @ https://steemit.com/wallet/@dorky/why-i-am-not-using-hardware-wallet-for-cold-storage to help people make better decisions.

Check it out.

Lot of people posting their Steemit articles here trying to make bank. Grin

Anyway, this is common sense. TRUE COLD STORAGE = PAPER WALLET

Anyone who lost  a significant amount of Bitcoin will tell you a paper wallet is the safest way of storing it. Think of it like cash money, except you are holding a paper with your keys on it. No one can hack you if you use this method.
To break can not, but you can lose the keys. If you store them on the computer then hack your PC and steal your codes much easier than to hack e-wallet. I think that in General it is impossible to store a large amount of bitcoins in one place.