Thank you 🙏
Discussion
Of course. Paper wallets are kinda terrible. IIRC the trezor (first hardware wallet) was made after a plumbing leak destroyed paper wallets that were stored in a fireproof safe.
If flood and fire wasn’t a concern, is a paper wallet safest for long term storage? Thoughts?
Paper wallets and seed backups are two different things, in case you didn't know.
Paper wallets are generally considered deprecated at this point, and ahould be avoided. A seed backup, on metal preferably, is highly recommended to secure your wallet no matter what.
I used to give out laminated paper wallets with a sticker over the private key. It’s effective if you’re using an old-format P2PKH address but now I’d prefer to use an OpenDime or stamp a seed plate for long term security.
What do you use the seed plate with? Hardware or software wallet?
You can use it with any BIP39 wallet but your strongest security will come from using a ColdCard or another bitcoin-only hardware device like Foundation Passport.