I should add "without absolute user ineptitude, or an attackers reliance on zero-day vulnerabilities targeted to your specific hardware".

I fail to see how these extremely unlikely scenarios make "paper wallets less secure than normal encrypted wallets".  Do you?

I'll bite. Within a faraday cage, assemble a PC from parts purchased and held in storage for the last several years.  OS installed from DVD (let's say Windows XP, original discs).  Wallet generator software source code printed code-reviewed, and re-entered by hand and compiled on the PC.  Wallet initial entropy via dice, rolled in a darkened room in the dead of the night (sensitive fingertips required for dice reading).  M of N paper wallet created and written by hand.  Remainder of notepad incinerated.  Pages stored in geographically disparate secure localities.  PC degaussed, then incinerated.

If coins are to be spent, M parts of wallet gathered, then repeat most of the above, sign the transaction, transfer the signature via handwritten pad, and enter on the connected PC of your choice.

You didn't say it had to be practical.

If you are this paranoid about creating a paper wallet then there is probably a pretty high chance that you will end up in a psychiatric institution. You would then be unable to ever spend the money you send to the associated address.

You would suffer the loss of your freedom and privacy in exchange for keeping your Bitcoin safe from theft. I don't think this is a very good trade off when Bitcoin is suppose to represent additional freedom and privacy.

It would also result in you loosing access to your Bitcoin which would be a loss to you because you would be unable to spend it if you wished to do so. It would be similar to you using an encrypted wallet and then having all of your backups get corrupted

Someone who takes that level of precautions are most likely going to display other symptoms of paranoid schizophrenia. Some may even argue that doing what you described would be an indication of schizophrenia.

Try describing even part of that process to someone in RL, tell them you are doing those steps to secure your money and see what they think about your mental state.

Mental illness LMAO what a joke.  A group of random fucks decide if you have x traits you are mentally ill.  You should see some of the panels of these bastards.  

"But I do that"

"Oh okay lets not put that in there then"

It's a fucking joke.




The fact you are so lazy with your wealth I think is a mental illness.  The illness of extreme lazyness SO LAZY you attempt to make others think they have a problem as they are not as lazy as you.

Sounds great, though that only covers one part of the setup, the generation process. How are you going to spend those Bitcoins? You're going to need some kind of computer right? so I guess destroying the secure computer like you did seems counter-intuitive as you'll need atleast one secure computer to join up the m of n paper wallets to spend them. If you're a fan of destroying and buying computers each time you make a transaction, that would work. But instead of doing that, you could create another wallet using a similar process except make it an M of N encrypted wallet stored on multiple different computers stored in different locations. Same level of security, makes more sense than rebuying computers, why print out the keys at all?

My point is, all paper wallets eventually have to touch a PC and while they are touching the PC they are just as vulnerable as a normal encrypted wallet that has been unlocked, however unlike a locked encrypted wallet which is "non-trivial" to crack, paper wallets have other security risks you need to take into account such as the printer memory issue, which you do not need to even worry about with an encrypted wallet. Additionally wallets are only unlocked for milliseconds if even, some users of paper wallets who are tying in private keys etc may leave the private key in memory for quite some time exposing it to risk. It really does make much more sense to just use a normal encrypted wallet rather than a paper one. I prefer strength in numbers rather than strength in "paper", I am already tired of "paper" money

You're "manually" signing the transaction? Do that with the encrypted wallet too, it'll save you the ink and will give you the same security.

I am sorry I reread your scenario but how are you signing the transaction for your paper wallet, are you signing it on a secure PC or "by hand"? I got the impression you said you were doing it "by-hand" IE pen and paper EC math but now I'm not sure.

Serious comment: brainwallet for long term storag, Trezor for mid term, and Mycelium app for pocket change.
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