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I'm not an expert on the matter, but to be fair there are lots of things you can do to secure your wallet. Some of them are even discussed in that thread.
by eric970 14y ago
I'm not an expert on the matter, but to be fair there are lots of things you can do to secure your wallet. Some of them are even discussed in that thread.
- tinco 14y agoThere is only one way that is close to being fully secure and that is what the guy who lost his money did. Have your bitcoin wallet on a bootable linux usb stick that you only use for bitcoin transactions.
- esrauch 14y agoWhy not encrypt your wallet and back it up?
- tinco 14y agoBecause that's not secure, it's just a nightmare waiting to happen.
- esrauch 14y agoHow is it not secure to do that, assuming you have a sufficiently long decryption key? It seems more secure than what than having $8k on a single drive that can easily fail at any time.
- tinco 14y agoBecause anyone who has root on your device can just monitor your keypresses. It doesn't matter how long your decryption key is. Ofcourse storing it on a single drive isn't a good idea either :)