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Bitcoin might be digital but it’s equally suited to being stored and shared in the analogue world. Whether you’re looking for a way to safely store your coins, to issue paper bills that are made out to a specific bitcoin address and amount, paper is your friend. A printer and a little know-how is all it takes. Exchange accounts can be hacked, mobile wallets breached, and smartphones lost, stolen or destroyed. It’s impervious to all digital attack vectors. The ultimate form of cold storage, a paper wallet simply consists of a printout of the private and public keys to your address. Suffice to say that while the public key can be shared so that others can send you coins, you shouldn’t share your private key with anyone.
You can also create vanity, bulk, split, and brain wallets. A self-explanatory site that allows you to create BTC and BCH paper wallets. That way, you know that no one’s accessed your paper wallet and peeked at your private key. Making a paper wallet containing your private key is fine for your own purposes, but what if you want to share your BTC address with others? In that case you only need to print your bitcoin address and QR code. BTC address, generate a QR code and even specify an amount.
If you charge a fixed 0. 05 BTC for a service, for example, you can hand people a QR code they can scan with that amount pre-entered. All they have to do is scan the QR code and hit send. QR codes for bitcoin cash and loads of other cryptocurrencies. Versatile and ultra-secure, paper wallets are one of the smartest ways to keep your crypto. Create it, print it, and then stash it in a very safe place.