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I'd trust a (trustworthy) password manager with most things, but I think wallet keys or similar are more of a post it note in a locked safe kind of thing (+ com
by p1necone 3y ago
I'd trust a (trustworthy) password manager with most things, but I think wallet keys or similar are more of a post it note in a locked safe kind of thing (+ committing it to memory). Maybe a passworded encrypted flash drive in a hole in a tree stump somewhere as a second backup in case my house burns down.
- wzyboy 3y agoI agree. Crypto currency private keys are something that is better stored offline instead of online. I'm comfortable storing my online banking password in an online password manager as I know even if these credentials are leaked, there are still anti-fraud department and maybe insurance protecting my money in the bank. But with crypto currency private keys? If they are leaked, those crypto currency would just be gone without any way to do a "stop payment" or something.
- osigurdson 3y agoI wonder what insurance would cost per year per Bitcoin in order to be viable?