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Author Topic: Will this allow me to sleep peacefully at night?  (Read 793 times)
fff13 (OP)
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February 25, 2014, 05:32:59 PM
 #1

I have an ubuntu live cd running and I am on bitaddress to print out a paper wallet. I disconnect the internet, and continue to generate new address, followed by printing out my paper wallet.

Is there anything to add to this?

Should this allow me to sleep peacefully at night knowing my bitcoins are safe?

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February 25, 2014, 05:33:44 PM
 #2

have a good sleep you seem to work hard
DeathAndTaxes
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February 25, 2014, 05:35:06 PM
Last edit: February 26, 2014, 03:34:59 AM by DeathAndTaxes
 #3

Print two copies and store them in different secure locations.  For added security you may wish to encrypt the paper wallet (BIP38) but understand if you forget the passphrase the coins are permanently lost so weigh the risk of forgetting the passphrase vs the risk of an unencrypted paper wallet being stolen.
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February 26, 2014, 03:30:36 AM
 #4

I did the same thing, and I laminated the paper wallets. I can attest to the fact that if you split up your bitcoins into smaller even amounts in more paper wallets, it makes you feel more rich. But you took more security precautions than most people I know, you should be just fine.
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February 26, 2014, 03:33:50 AM
 #5

as well you can cut your printed keys in a half and place them in two secure different places Smiley

so even if someone will find one of it he will not be able to use your keys without other part of your printout Smiley
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February 26, 2014, 03:36:41 AM
 #6

as well you can cut your printed keys in a half and place them in two secure different places Smiley

so even if someone will find one of it he will not be able to use your keys without other part of your printout Smiley


Just make sure its not your wife who holds the other half or you might need to watch out when your sleeping at night XDDDD

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February 26, 2014, 03:40:52 AM
 #7

as well you can cut your printed keys in a half and place them in two secure different places Smiley

so even if someone will find one of it he will not be able to use your keys without other part of your printout Smiley


Just make sure its not your wife who holds the other half or you might need to watch out when your sleeping at night XDDDD

yes ... you can always place them in some deposit boxes in a bank or @ postoffice Smiley

anyway there will be never 100% safe way to keep it Smiley
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February 26, 2014, 03:44:44 AM
 #8

as well you can cut your printed keys in a half and place them in two secure different places Smiley

so even if someone will find one of it he will not be able to use your keys without other part of your printout Smiley


Just make sure its not your wife who holds the other half or you might need to watch out when your sleeping at night XDDDD

yes ... you can always place them in some deposit boxes in a bank or @ postoffice Smiley

anyway there will be never 100% safe way to keep it Smiley


Brainwallet I guess just don't suffer Amnesia (No 100% Safe Way but you can get quite close)

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February 26, 2014, 06:27:56 AM
 #9

I think you can sleep well after doing this job but I can't see the necessity of doing such things as printing keys in a half and than place them in two secure different places.
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February 26, 2014, 09:07:35 AM
 #10

as well you can cut your printed keys in a half and place them in two secure different places Smiley

so even if someone will find one of it he will not be able to use your keys without other part of your printout Smiley


Just make sure its not your wife who holds the other half or you might need to watch out when your sleeping at night XDDDD

Lol, only if wife knows about bitcoins, you must need to worry.
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February 26, 2014, 04:45:24 PM
 #11

Just make an offline address, stamp the keys into a peice of metal ( paper is too risky from fire, flood etc) then throw it in a bank safe. Job done and no worries.
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