Hi all.
Hardware wallets are definitely far safer than storing cryptocurrencies on online exchanges. But all hardware are prone to failure, so I assume it is a (small) possibility that the hardware wallet itself breaks, causing you to loose all the cryptocurrencies stored on it.
Would it be better to store cryptocurrencies somewhere online like Dropbox, potentially in an encrypted file or folder? That way one wouldn't need to worry about hardware failure. Then again, the cryptocurrencies would only be as safe as the Dropbox account itself, so maybe this probably isn't an ideal choice either.
Or maybe a paper wallet would be the best option, as long as it was stored somewhere safe?
Are there maybe other options that are better than the three ones already mentioned?
Greetings,
protoken
