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Comment by trollbridge

15 hours ago

You don’t. It’s not networked. It doesn’t need updates.

In fact, updates are only a risk. You physically remove anything that can allow updates to happen + anything that allows wireless networking.

Then your scheme falls apart as soon as a backwards incompatible update is adopted by the blockchain.

How do you actually use funds like this? I mean, I know this is set aside for later. But if you had an emergency, how fast could you actually spend it?

  • Trivially. You can simply read the keys on the offline machine with your eyeballs and set up a software or hardware wallet elsewhere to access the account.