Originally Posted by inedenimadam
Metal....I cash out every couple weeks. I trust cryptos only slightly more than FIAT. If I cant hold it, it is not real.
This. Although I'm not technically 'invested' (as in fiat-to-crypto investment) in cryptos so I don't worry about that aspect... I do look at it almost the same as fiat... it's the market itself and general sentiment that determines it's value (or lack thereof) so it is
essentially fiat. Although I will never say for sure in writing - some of my BTC may
have found it's way to metals... or not.
The biggest problem I have with those cards is again a trust issue... If I'm supplying a website with my public and private keys... then, regardless of whether their made out of aluminum or for that matter titanium... they're inherently less secure
than a piece of paper no one but me has ever seen that was generated and printed offline on a live-linux CD boot. On the other hand, if I purchase the 'public only' version... then what use is it really? To hand out to people? I could simply have the QR printed on a t-shirt and walk around town with it... who knows, I might even get a tip randomly.
Even if they can 'prove' (not sure how, but a weekly audit by a known security analyst would be a start) that they don't store the keys after producing the cards, and that the person shipping the cards out is a blind nun... I still wouldn't consider that a good place for storing anything over a BTC or so... not to mention that with a paper wallet - I can make a photo copy myself, put it in an envelope, and store it in a bank vault off-site. More secure and at a cost of less than 10 minutes labor and .02 worth of paper.