Post
Topic
Board Bitcoin Discussion
Re: Beirut explosion - Lesson to learn from this.
by
Insanerman
on 06/08/2020, 13:08:04 UTC
plosion should be a wake-up call to all of us, to store your Paper wallets and cold wallets in more than one geographical location.

Then wouldn't it be better if we wouldn't store it in paper wallets at all? Cold wallets are much better than paperwallets of course. But still, using cloud as your storage for your crypto-holdings and private keys must be the better alternative and not such data being scattered in many geographical location. What if the user/holder only has one place to live? Would he dig the soil and plant his wallets to the garden nearby him just for the sake of 'safety'?

Still, wake up call here is that you must learn to be secured online. Use cloud as you storage or even any online wallets. Then that would be enough.