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53356754 No.53356754 [Reply] [Original]

Redpill me on hardware wallets.

Why can't I just generate my keys offline, write them on paper and keep them in a safety deposit box?

>> No.53356766
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53356766

>>53356754
I switched phones and lost access to my trust wallet. Thought I had a screenshot of my key but I don't

>> No.53356771

>>53356754
You won't be able to sign transactions offline, but if you just want a cold wallet, then yes, that'd be just as good.

>> No.53356780

>>53356754
You lose access and your money is gone forever.
At least when an exchange blows up you might get something back in ten years

>> No.53356863

>>53356754
Use a steel wallet in case your house burns down

>> No.53356964

>>53356754
because thats not the purpose of a hardware wallet, they're not for hodlmonkeys they're for people who actually want to use their coins and potentially on an infected computer.
also lmaoing @ safety deposit box you may as well just open a bank account at that point

>> No.53357012

>>53356964
>lmaoing @ safety deposit box
Safer place to keep something than you house.

>> No.53357181

>>53356754
You can, hw wallets are about having easy access to the keys for signing, if you pretty much never plan to send funds out, a paper wallet is fine