As i spend 80 bucks every paycheck on more and more xcp (buffet style value investing ftw) I keep wishing I could just print a paper wallet of an xcp private key with ease but that doesn't seem to be possible. I have half my xcp on bter and half on my counterwallet and I feel like neither location is safer than the other. There has to be a better way to safeguard this stuff in a way that won't require someone to just figure out my passphrase on counterwallet.
"just figure out my passphrase on counterwallet" -- assuming you are using the 12-word passphrase generated by Counterwallet when you set up your account, uh, the odds of that are astronomical. I can't remember the dictionary that the word choices are from, but let's say that it is 20,000 words. (I think that is close to being right.) Choosing 12 words from that 20,000 word dictionary gives a total of 8x10^42 possible combinations. If someone were to try 1,000,000 combinations per second, it would take 2.5x10^29 years to go through all of the combinations. That is 1.8x10^19 times the age of the universe.
The odds of a counterwallet passphrase being brute-force discovered are roughly the same as any Bitcoin private key being brute-force discovered.