Post
Topic
Board Bitcoin Discussion
Re: So, bitcoin client still use unencrypted wallet.dat
by
JoelKatz
on 28/06/2011, 17:57:22 UTC
People keep important paper documents in a fireproof safe.  They don't keep paper money there because paper money depreciates while governments inflate the money supply.
In other words, it's just on paper. But they put that paper in a super-secure location. Which is exactly what the client already supports.