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      "body": "<html>\n<p>We all read that hot wallets and app wallets are suitable for only small amounts of cryptocurrency or amounts you are willing to lose.</p>\n<p>Having done a heap of research, I'm particularly impressed with some of the app wallets out there and wondering just how much is too much for a hot wallet? I've got my iOS device with me all the time. I'm particularly carful with it. Its not jailbroken, it has both pin and fingerprint security on it and I don't download junk apps. &nbsp;Assuming I don't lose my phone, what are my chances of losing funds when I use an app wallet that does not store private keys on servers.</p>\n<h2>How much do you trust you app wallet?</h2>\n<p>Which one do you use?</p>\n<p>Would you trust your :</p>\n<ul>\n  <li>$USD100 ?</li>\n  <li>$USD1,000?</li>\n  <li>$USD10,000?&nbsp;</li>\n  <li>$USD100K??</li>\n</ul>\n<h2><strong>Can a hot wallet become a cold wallet?</strong></h2>\n<p>If I were to download something like BreadWallet, Jaxx or Mycellium... take note of my secret passphrase, transfer some funds in and then delete the app altogheter from my iPhone.. would this be considered a form of cold storage?&nbsp;</p>\n<p>Then when its time to cash out or spend, we re-download the app and use the pass phrase (which would be securely stored in a safe or somewhere written down) to access our funds again.</p>\n<p>Thoughts?</p>\n<p><br></p>\n</html>",
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      "body": "from what I understand, the Jaxx vulnerability is only on the desktop version in which an attacker could decrypt your private key if they had access to your computer.\n\nI think the ios is as safe as any other app wallet out there.\n\nBut I still don't get why there is such distrust over hot wallets. People all say never put life savings on it.\nThen why is there a market for app wallets at all ? Why not just have two choices.. Exchange / online and Cold wallets (Hardware & paper). Why bother with all these app wallets and desktop wallets if they are so risky to use?",
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      "title": "Cryptocurrency Paper Wallets better than Hardware wallets? An alternate view",
      "body": "I have been learning all about CC wallets lately to try make a decision how I will store my cryptos.\n\nI love the idea of using a mobile app such as Jaxx or Mycelium.\nWho doesn't like to tap an app and see in a pretty interface how much coin they are holding. \nBut hot wallets are supposedly only for \"loose change\" or carrying smaller amounts of cryptos.\nI tend to feel safer having something I can watch over (an app on my phone where I see it) than something I would put in safe storage (where I don't see it).\n\nAll that aside, the consensus is that hardware wallets are the best, the most secure and the most recommended form of crypto storage for large amount of cryptos. Paper wallets are still secure, but they can fade over time, burn in a fire or get eaten by your dog etc..\n\nBut here is my view.\nHardware wallets such as the Ledgers, Trezors and Keeykeys are a commercial product. Are they really better or does consumerism tell us that we need to spend money to make money (in this case keep money). Are people just jumping on the hardware bandwagon because they think that it's not free, it must be better?\n\nOk.. they are better.. but I'd feel a bit paranoid putting all my eggs in one device. Never actually played with one hands on. Each time I think about ordering a Ledger Nano S I see there's months wait to get one so I say screw it.\n\nSo how would I use a Paper wallet ? \n- Generate the paper wallet on bitaddress.org with a passphrase ALL the time for added layer of protection.\n- Save as a PDF and store on a USB stick with password protection.  Hide it deep in a folder structure with other stuff on the stick.\nIf anyone were to look at the USB stick, they might just see family photos at first glance.\n- Print and laminate the paper wallet and put a copy onsite and offsite.\n\nOf course the downside with paper wallets is you can't spend bits at a time like you can with a hotwallet or hardware wallets.\nBut the use case I'm talking about is really longterm cold storage.\n\nThis is a relative newbies view on the whole wallet topic.. feel free to add your ideas.",
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