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Topic: What if... (Read 1463 times)
solitude
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What if...
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.
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solitude
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Re: What if...
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
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Re: What if...
November 09, 2014, 02:20:23 AM
#3
Quote from: solitude on November 09, 2014, 02:02:10 AM
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
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Re: What if...
November 09, 2014, 02:22:31 AM
#4
Quote from: vm89 on November 09, 2014, 02:20:23 AM
Quote from: solitude on November 09, 2014, 02:02:10 AM
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
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Re: What if...
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
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Re: What if...
November 09, 2014, 02:25:50 AM
#6
Quote from: solitude on November 09, 2014, 02:24:45 AM
I'm trying to think where in my house I should store my paper backup
Under your pillow?
solitude
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Re: What if...
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
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Senior Developer - Armory
Re: What if...
November 09, 2014, 07:32:24 PM
#8
Quote from: solitude on November 09, 2014, 02:24:45 AM
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.
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