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Author Topic: Don't store private keys on UBS Safe  (Read 678 times)
Bitcoinsummoner
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September 08, 2016, 05:56:10 PM
 #21

Why would you want to store your private keys outside of your house? The point of bitcoin is to control your of money. Putting your private key in someone's else locker is a way to lose your money, just like storing your money in some exchange is.
i dont get it too, in my opinion there is just no need to do that to be honest i think that it is better to just buy a trezor to hold your money

Offsite backups are always a good idea. A fire or a flood can destroy your house and you will lose all your coins. I have a extra copy of my paper

wallets stored in another location. You can store this in a Safe deposit box at a bank or you can even store it under ground, but a single copy of

anything is never a good idea.  Roll Eyes
Honestly i dont like to save my coins into paper wallet.. its a long process .. for me i just backup all my important files and i use gmail store all my files also in google docs seperately .its more easy for me and secured..

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