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RE: Your Bitcoin, ETH, STEEM, and other Crypto are NOT stored securely.
Yeah we can always "encrypt" our paper wallet, like splitting, removing some letters and only memorize those, etc.
Yeah we can always "encrypt" our paper wallet, like splitting, removing some letters and only memorize those, etc.
That is a solution, and it does work. However, it limits the transaction factor of the currency. Hence, a paper wallet is less a wallet and more a storage.
Without such limited transaction capability, the point of BTC becomes moot as a currency and it becomes a pure store of value.
In a future piece, I can cover how a technology like Bitfi can support Lightning Network to make secure mass transactions of BTC a reality.
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