1

What does everyone think? Also what are the advantages and disadvantages of each one?

2

Paper wallet:

pros:

  • easy to store
  • easy to create
  • provide the same amount of security as the fiat money does
  • you don't need to worry about viruses
  • valid for a long time

cons:

  • easy to be misplaced
  • if you cannot provide phisical security, it is more likely useless

wallet.dat on pendrive

pros:

  • none, in my opinion

cons:

  • easy to be misplaced
  • pendrive can become corrupted in the next few years, due to hardware deterioration
  • it can easly be stolen or copied
  • again, you need to provide phisical security
  • wallet.dat format can change over time, thus making your data hard to recover (depends on the future decision of devs)
  • pro pendrive: More convenient re-import of wallet.dat, compared to typing or scanning from paper – pyramids Nov 28 '13 at 20:31
  • Actually... no. What is more convinient for you? Scanning a QR code / typing private key into Btc client, or merge 2 wallet.dat (it is non-trivial using standard BitcoinQT client)? – Maciej Mączko Nov 28 '13 at 22:40
  • I suppose it might depend on your situation. I would have assumed you'd be replacing the (unused) wallet.dat, but I see your point, too. – pyramids Nov 28 '13 at 23:15

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