Comment: Yes, the most secure method involves paper, oddly enough.

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Yes, the most secure method involves paper, oddly enough.

Normally, you have a 'wallet' that is a digital address with your balance information on it. This info can be kept on a website where you sign up, or you could delete it off of the website keep it on your local hard drive. The unique thing about his is you can back up your wallet, so you can have a digital copy of the same wallet on several different storage devices at the same time. So, if you accidentally delete the file on your hard drive, but have a copy on, you still have your Bitcoins. The downside is that if someone gets access to an one of those copies, they have access to all bitcoins in that wallet.

So, if you want the most secure long-term storage and scorn all the digital wizardry, you can print out a bar/qr code on paper that represents your wallet address and information. You can put that in a safe, and delete all digital copies.

I'm guessing you could do something similar with a usb drive in the safe too, if you wanted. Also, you could have multiple paper printouts as backup if you went with paper storage. One in the safe, one in a saftey deposit box, etc.