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July 19, 2014, 08:57:06 AM |
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Sure, you could if you wanted. For example, maybe you wanted a 3 of 5 multisig. So you could create 5 separate paper wallets, and combine the 5 public keys to generate yourself one multisig address. You then send your funds over to that new multisig address. Now in order to send any funds, you need to have 3 of the 5 paper wallets, as just one won't work anymore.
Then hide your 5 paper wallets in different locations. If someone manages to get ahold of one or even two of your paper wallets, no big deal, because you need three of them to send any funds.
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