Bitcoin wallet backup Dropbox

PSA: Do NOT store a wallet backup in your Dropbox. It is NOT SECURE.

At least once a week I see someone with 2FA turned on who somehow loses coins from whatever service, and one of the common threads that comes up is storing backups (even encrypted (though weakly)) in Dropbox. This is not secure and your coins will be stolen.

Don't do it. If you have already done it, start a new wallet and transfer your coins to it asap, then delete all traces of the old one.

Submitted January 31, 2014 at 03:35PM by davvblack
via reddit

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