I invested in bitcoins and unfortunately I have problems to understand the system. Perhaps you can answer me the following questions?
1.a) I know my public and my private key. Do I still have to backup my wallet.dat?
1b) If I need the wallet.dat: There is no point in saving my public and private key, if I need the wallet.dat anyways, right?
If I secure my wallet.dat with a strong password, can I put the wallet.dat just on dropbox and send it to a few friends or do I have to keep the file more private?
Is the decripting function of Bitcoin-QT enough?
Am I okay with these actionsteps:
Encrypting my wallet with Bitcoin-QT and writing my password on paper
- Writing my public key and private key on paper
- Sending the bitcoins from mtgox to my public address
- Using the backup option of Bitcoin-QT and send the backup to dropbox + a friend I trust
Please let me know if I need more steps or I can take a step out.