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#paperwallets

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Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://toot.community/@heartshadows" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>heartshadows</span></a></span> <span class="h-card" translate="no"><a href="https://social.openrightsgroup.org/@JamesBaker" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>JamesBaker</span></a></span> you have that with cash too, abeit you can't steal the cash bills from the robbers back.</p><ul><li>Not that there ain't custodial options as well, but if I were to wire-transfer money to a scammer, I'd also have no option to recoup that money either.</li></ul><p>Not to mention there are solutions like <a href="https://infosec.space/tags/PaperWallets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PaperWallets</span></a> that can act as <a href="https://infosec.space/tags/ColdWallets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ColdWallets</span></a> and allow securing funds through traditional means (i.e. [metal]card in a [bank]vault), so it's neither an unsolved nor unsolveable problem: My suggested options (<a href="https://infosec.space/tags/NowPayments" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NowPayments</span></a> &amp; <a href="https://infosec.space/tags/ChangeNow" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ChangeNow</span></a>) do offer a <a href="https://infosec.space/tags/fiat" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fiat</span></a> payout onto a bank account at a low fee.</p><ul><li>And with <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monero</span></a> and it's <a href="https://infosec.space/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>privacy</span></a>, there isn't the risk of <a href="https://infosec.space/tags/kidnappings" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>kidnappings</span></a> driven by <a href="https://infosec.space/tags/BlockchainAnalysis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BlockchainAnalysis</span></a> as unlike with <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> one cannot see the balance, thus not open up a <a href="https://infosec.space/tags/BlockchainExplorer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BlockchainExplorer</span></a> and list wallets from biggest to lowest balance...</li></ul><p>And yes, espechally Bitcoin holders of significant amounts face kidnappings at an elevated rate.</p>