Decided to go with hardware wallet (Ledger Nano S) and a seed phrase stored in USBs encrypted with Veracrypt and stored on different locations to the wallet. Still need to think and implement multi-sig as an additional layer. Probably need a new wallet for that. Paying close attention to @nvk's efforts with Coldcard wallet.

@cryptonomicon NOOOOO, points for HW wallet. But don’t store your seed on a computer, veracrypt or not. Defeats the purpose of a hardware wallet.

Follow

@nvk Oops, still things to learn. Would you suggest multiple hardware wallets then? I need redundancy and I thought encrypted seed on USB stored safely would be enough.

@cryptonomicon KISS :) One hardware wallet and physical backup. Get that learned. Then improve from there.

Sign in to participate in the conversation
Bitcoin Mastodon

The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!