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Author Topic: Question about paper wallets  (Read 283 times)
cryptomaniac_xxx
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July 20, 2023, 11:55:13 AM
 #21

If I have a paper wallet that has .001 btc, could this be worthless in the future because when I sweep the funds the fee is so high?

How about if I have a paper wallet with .005 btc, assuming it was funded with 5 separate transactions of .001

trying to learn more and educate myself about the technical side of Bitcoin and sweeping and utxos and how high fees in the future could be an issue for small paper wallets like this

Thank you
 


But the price of bitcoin is higher than the transaction fee so how it is going to be worthless in your case? And still though, it's not always that this fee is always high, currently if you look at it just ranging from 5 to 10 sat/vByte so that is extremely cheap.

So for me it's better if you will just have 1 paper wallet that you will have to sweep instead of 5 separate transactions of .001 BTC.
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