Post
Topic
Board Development & Technical Discussion
Merits 6 from 3 users
Re: Andreas Antonopoulos says to stop using paper wallets, do you agree?
by
LoyceV
on 02/01/2022, 08:51:45 UTC
⭐ Merited by pooya87 (2) ,Welsh (2) ,vapourminer (2)
None of his arguments against paper wallets scare me. He basically says you have to trust a hardware wallet.
It's a hell of a lot more complicated to create and use a paper wallet on a proper air gapped system though, but once in a while I swing on a dedicated laptop for it.

Let's counter his arguments: how often has a paper wallet leaked millions of customer addresses? I've seen countless people enter their mnemonic seed into a phishing website. I've seen even more people lose their funds because they left them on an exchange. Paper wallets aren't perfect, but they serve a purpose.
I've used paper wallets as a very easy giveaway, and some of the receivers still hodl it. The total value at the time was less than the price of a hardware wallet, which makes a paper wallet the best solution in that case.