I suggest this. It works really good if you're okay with not being able to access it right away without a little bit of effort.
1) Burn a linux live-cd, i suggest tails or ubuntu, or alternatively create a boot usb live cd.
2) Boot from said CD.
3) Point browser to www.bitaddress.org
4) Go offline. unplug the ethernet cord and router power if you're really paranoid.
5) Use the "brain wallet" function of that site to create a SECURE password that you can either remember, or write down.
6) Write down/memorize/secure the password (and the private key as a back up to that if you want), and write down the the public address that got generated.
7) Without going back online, turn the computer off.
You now have an address to put your savings. You have access to it through the password you made, and/or the private key you wrote down.
The address has never seen the internet, so there is 0% of a hacker getting to it unless they trick you into giving your password in real life or something.
Make a new one to send your remaining balance to if you ever send money out of it by importing it into a client, like blockchain.info
Topic: When will it go mainstream ? - page 2. (Read 1168 times)
Hedge funds are in the process of using bitcoin.
mtgox is becoming more regulated.
there are instructions for a paper wallet on here.
many people will offer to set one up for you.
do it yourself is safest.
do a couple small transactions, to get to know it.
mtgox is becoming more regulated.
there are instructions for a paper wallet on here.
many people will offer to set one up for you.
do it yourself is safest.
do a couple small transactions, to get to know it.
Perhaps when a hardware wallet and other security measures become standardized ?
I'm sold on the idea, i see bitcoin as a nice compliment to gold/silver. But what's a computer-retard like myself (not afraid to admit it) to do until then.
Are there any services out there that advise or better yet can safely set up an account for you for a fee ?
Im terrified of investing any large amounts, only to get flushed cuz of not knowing how to properly back up stuff or getting hacked.
I'm sold on the idea, i see bitcoin as a nice compliment to gold/silver. But what's a computer-retard like myself (not afraid to admit it) to do until then.
Are there any services out there that advise or better yet can safely set up an account for you for a fee ?
Im terrified of investing any large amounts, only to get flushed cuz of not knowing how to properly back up stuff or getting hacked.
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