Lol, if you lock your bitcoin up in a bank, the bank owns them.
Just like your money, and your house.
I'd think that a paper wallet would be unlikely to be recognized as having value.
Lol, if you lock your bitcoin up in a bank, the bank owns them.
Just like your money, and your house.
I'd think that a paper wallet would be unlikely to be recognized as having value.
I wouldn't be so sure about, "a paper wallet would be unlikely to be recognized as having value." I've only been a part of the bitcoin community about 3 months, and I see the value of a paper wallet. The new US Budget Director, Mulvaney, is a bitcoin supporter. So, I'm sure the government already knows the value of a paper wallet. Should the government decide to seize assets, I would believe those would be taken as well.
I've never had one, do they come with qr codes?
My inference was that a piece of paper with a wallet address would be unlikely to stand out if not in a file that says btc wallet.
Oh, yes, at least the ones I have seen have them. They come with the passkey to withdraw funds and instructions on how to do it.
@williambanks posted a great site to make them:
BIP38 FTW - https://bitcoinpaperwallet.com/bip38-password-encrypted-wallets/
I would imagine if you had simply hand written some, which I'm sure can be done, they may not be taken for anything truly valuable. However, I believe someone familiar with bitcoin and altcoin wallets would likely recognize a wallet address and a passkey.
Yeah, I would probably recognize it if it was complete, or not in code.
I stand corrected,...