Paper wallets are the safest way to store cryptocurrency.
That’s a generalization, and of course the “safest” way to store tokens varies depending both upon your circumstances and what you consider safe. But generally peaking, depite numerous debates that will undoubtedly continue, the fact remains this is the most secure method for storing cryptocurrencies. That’s because you minimize the electronic attack surface, reducing the defense to the physical realm.
There are dangers and pitfalls with paper wallets to be fair, but they are entirely avoidable. That’s what this post is all about – debunking the popular notion that paper wallets are a good choice in theory, but not in practice! Let’s see how it goes, and please – to the makers of hardware wallets, I use your products and love them, it’s not personal.
Continue reading “Paper Wallet Myths Debunked!”