20 sats \ 1 reply \ @icecakes OP 20 Aug \ parent \ on: A bitcoin scam uncovered: get some eyes on this bitcoin
paper wallets as a concept are excellent for cold storage. using seed phrases, we have come a long way.
use a reputable app to generate the wallet, offline of course, and etch the seed into a butter knife or something rather than paper. Finally make sure you can restore the wallet from the seed before you transfer significant amounts to it.
set up a watch-only wallet app to get receiving addresses.
don't transfer paltry amounts to your cold storage. 1m sats or greater per transaction
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0 sats \ 0 replies \ @Satosora 20 Aug
I was always under the impression to have many paper wallets. Ones of different values, so you can sweep them into your main wallet to spend whenever.
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