|
November 28, 2017, 01:38:17 PM |
|
What if you just broke your password or key in half, and stored half in your safe, and half in another safe location (even online). That way, if a thief stole your safe, the half of your key they stole would be useless. If they hacked your online account, the half they had would be useless. They'd have to know to steal both the safe, and crack your online account to get both halves of your key and put them together (knowing the right order, though it's only 2 attempts). You could exponentially increase security by breaking into multiple pieces.
If you're only storing a small amount, no one is going to steal your stuff. A thief who is breaking into your house probably doesn't know much about bitcoin, right now. One who does, is probably breaking into your house already knowing you have a large sum of bitcoin (which you don't). And in that case, they're probably looking for ways to get you online, rather than in your house, as hacking you online is safer for them than breaking your window and stealing your safe.
(a lot of what people steal from houses ends up thrown away if it's not immediately convertible into fiat money (think cash, jewelry and electronics) - unless you're hoarding millions of $$ in BTC in one place and attracting the attention of James Bond villains, your safe is probably okay for a slip of paper or USB drive with your keys on it)
You can also store multiple copies in multiple places so that if one is stolen, you can move the money before the thieves figure out what it actually is.
(I would surmise storing it on a single piece of paper with no indication what it is would result in the key being tossed, as it looks like garbage)
|