Bitcoin Forum
November 18, 2024, 01:30:06 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What if...  (Read 1478 times)
solitude (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile
November 09, 2014, 02:02:10 AM
 #1

What if my cold storage laptop dies or gets stolen?  How do I spend my bitcoins?

Is the only way to make a fresh install using my paper wallet?

Hardly anyone speaks English on this forum.
solitude (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile
November 09, 2014, 02:18:09 AM
 #2

As long as I have two lines of four letter "words" backed up somewhere, I'll always have access to my bitcoins?

Hardly anyone speaks English on this forum.
vm89
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 09, 2014, 02:20:23 AM
 #3

What if my cold storage laptop dies or gets stolen?  How do I spend my bitcoins?

Is the only way to make a fresh install using my paper wallet?

I think paper wallet would work better than a cold storage laptop.
Just don't throw your jacket in the washing machine without checking if there's a piece of paper inside!
solitude (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile
November 09, 2014, 02:22:31 AM
 #4

What if my cold storage laptop dies or gets stolen?  How do I spend my bitcoins?

Is the only way to make a fresh install using my paper wallet?

I think paper wallet would work better than a cold storage laptop.
Just don't throw your jacket in the washing machine without checking if there's a piece of paper inside!

That's also what I have.  From what I've read, you'd me a moron to not have a paper wallet backup WITH a cold storage laptop

Hardly anyone speaks English on this forum.
solitude (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile
November 09, 2014, 02:24:45 AM
 #5

I'm trying to think where in my house I should store my paper backup

Hardly anyone speaks English on this forum.
vm89
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 09, 2014, 02:25:50 AM
 #6

I'm trying to think where in my house I should store my paper backup

Under your pillow?
solitude (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile
November 09, 2014, 02:32:43 AM
 #7

I think I can get used to being my own bank.  Sure beats trusting Chaim Goldsteinberg with my money.

Hardly anyone speaks English on this forum.
doug_armory
Sr. Member
****
Offline Offline

Activity: 255
Merit: 250

Senior Developer - Armory


View Profile WWW
November 09, 2014, 07:32:24 PM
 #8

I'm trying to think where in my house I should store my paper backup

You can do an m-of-n paper wallet and split the pieces across multiple locations (e.g., two at home, one in a safety deposit box, one with Mom, one with a trusted friend, etc.).

Senior Developer -  Armory Technologies, Inc.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!