"Air gapped" is not good enough to protect your Bitcoin

Your bank notes under your mattress are air gapped - there is an air between them and the burglars.

Is this air stopping them from just taking your money and spend it?

If you are worried that you may forget the password you can still keep unencrypted copies hidden somewhere safe (or your passphrase), but you can also make encrypted (with good key stretching) copies on cloud services (DropBox, Mega, Google Drive, Gmail, etc.).

If you keep your seed in a safe deposit box (at the bank), the bank employees can open it and steal your coins. Also, the government can demand opening of your safe deposit box and steal your gold and crypto.

Archiving private keys - TLDR version

Comments

TedJonesWeb.blogspot.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com

Popular posts from this blog

The new Bitstamp's KYC (Know Your Customer) questionnaire is intrusive and out of control

"The Uncensored Hidden Wiki" fake replica!

Do not use (only) flash memory (SSD drives, hardware wallets, USB flash drives) for your precious private keys!

Archiving private keys - TLDR version

Do not use default options for the scrypt utility and keepass2!