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50 sats \ 2 replies \ @kilianbuhn 2 Apr 2023 \ parent \ on: how would you store 10k btc? bitcoin
I call bs on that. Paper wallets are as secure as cold wallets. Especially you can put in the words into a cold wallet.
You can send without dust. Transaction cost at 10k Bitcoin are negligable. What are you even talking about
I mean it doesn't make sense to use new paper wallets today because we have better methods. Hardware wallets and hierarchical deterministic wallets. If you already have a paper wallet from many years ago, then it is fine as long as you protect it safe and know how to use it, but many users have lost a lot thinking they could use a temporary software wallet to spend part from a paper wallet not knowing how the change utxo works. The best thing you can do with a paper wallet is sweep it all to a hardware or cold software wallet. DO NOT CREATE NEW PAPER WALLETS. It is 2023.
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Paper wallets are not seed phrases written down on paper.
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