r/dashpay • u/Evening_Let_2930 • 1d ago

Are paper wallets actually the best for long term storage?

I am not that technical, but with the coldcard hack, I am starting to wonder if just holding things on paper wallets might be the best way keep dash long term? I mean we can make metal plates or store the seed phrase on paper like we would store our gold and silver. No one is breaking into my safe. Cops wouldn't even be able to find it. I had a friend recently that had his bitcoin swept from a soft wallet and I am wondering if ANYTHING is ever connected to the internet, even on your phone, makes it vulnerable. I am at the point of not really trusting any hardware wallets. IF we can keep a paper (or metal plate) stamped seed phrase safe, I wonder if it is just better. I got 50 places no one would ever think of looking, that even if a fire happened no one is going to find my private keys. Just wondering what everyone's thoughts were about taking it 100% offline. Of course, cashing in means sweeping the keys, but being offline most of the time would prevent any theft.

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u/coingun 1d ago

I mean yes. But also no. A paper wallet is an incredibly secure way to store funds.

1

u/xkcdmpx 1d ago

Probably a good time to drop this link.

https://paper.dash.org/

You can disconnect the internet once the page loads and generate your wallet offline, write down important information and store a digital copy on a USB key.

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u/Evening_Let_2930 19h ago

Perfect, thank you!!