Re: Thinking of separating my holdings into two physical locations.

Quote from: o_e_l_e_o on March 19, 2023, 09:20:36 AM

Quote from: Saint-loup on March 18, 2023, 09:46:13 PM

it's not easy to keep a hot wallet with less than several hundreds of USD when we use Bitcoin frequently.

I don't agree with that, because that is exactly what I do. I have a hot wallet on my phone with usually less than $100 worth of bitcoin on it. I use this to make purchases in person with my local merchants who I know accept bitcoin. I'm buying things like groceries or electronic accessories such as spare cables, so usually well under $100. When it gets low, I top it up from a cold wallet at home.

If I plan to make a larger purchase than that in person, then I'll either load up my hot wallet in advance or take a hardware wallet and take it with me, depending on the value we are talking about.

You have a pretty sensible tactic with the separation between a pocket wallet and a wallet for long-term storage. Nothing safer and more convenient to think of. What is the name of the app on your phone? I would also not trust a completely mobile application, in view of the fact that phones are far from ideal in terms of software. Also, the phone can be easily lost, which would be simply critical if there was a wallet with a large amount of btc on it. You cant put all your eggs in one basket and only separate storage is permissible.

Quote from: Saint-loup on March 18, 2023, 09:46:13 PM

I'm sure there is a universe where all wives and husbands are fully transparent and can say anything to their partner, but it doesn't seem to be this one unfortunately

Fair enough, but that goes back my original point. If you are entering in to a marriage and already planning to hide all your bitcoin from your spouse, then you should have signed a prenup.
[/quote]
Or look for another spouse you can trust. Wink