Topic: How to keep your bitcoins secure if you suddenly disappear (jail or prison) - page 10. (Read 17025 times)
August 13, 2014, 05:21:20 AM
LoL!
August 13, 2014, 04:49:57 AM
armory wallet has the best options I think 
August 13, 2014, 03:58:01 AM
Print it on metal plates, and hide it where nobody will suspect its a private key for BTC,
you just need to memorize the places where you hide it.
you just need to memorize the places where you hide it.
August 13, 2014, 03:50:03 AM
Encrypted a paper wallet is the best way
August 13, 2014, 03:46:58 AM
I think armory wallet or paper brain wallet can do it.
This.
Just make sure you wrap the paper inside plastic.
August 13, 2014, 03:10:06 AM
Paper wallets handed out to family and very close friends, use password. Could also bury one somewhere.
August 13, 2014, 03:08:13 AM
If you are able to memorize 64 hexadecimal chars you should be fine. You just keep the private key in your brain.
August 13, 2014, 02:55:16 AM
OP seems to be racist, perhaps not worth to reply here.
August 13, 2014, 02:48:30 AM
So this is only a problem for red blooded white men?
As how to safely store btc has been discussed many times. I don't think that is actually what's being asked here.
What aboutif when you die? I'm all set. No matter what happens to me my btc lives on.
As how to safely store btc has been discussed many times. I don't think that is actually what's being asked here.
What about
August 13, 2014, 02:47:41 AM
Put your private keys encrypted in the cloud, with a password you won't forget by a few years, and with copies in various solid services that probably will survive few years.
Or make a paper wallet and hide the same way you would hide a precious treasure
Or make a paper wallet and hide the same way you would hide a precious treasure
August 13, 2014, 01:29:46 AM
Encrypted paper wallet or you take some time to remember the private key using some tactics.
This is why a paper wallet would not work for this situation. The paper wallet could simply be taken from you and destroyed so you would have no way of spending the coins on it (unless you had memorized the private key) 
August 13, 2014, 01:19:27 AM
Encrypted paper wallet or you take some time to remember the private key using some tactics.
August 12, 2014, 11:14:13 PM
I think the best solution to this is to store a backup of your wallet in a cloud based storage service that is not associated with your identity (just make sure to properly encrypt the file and to make the process to decrypt the file one that can be done with a password that you can memorize). You would likely want to make sure that your storage service is paid for at least 2x the max amount of time you would expect to be gone for.
If you store your keys in any other way, then you face the possibility that your keys will be seized if/when you are arrested. Even if law enforcement cannot use the keys to send funds (they are properly encrypted) they can still keep them from you, making it a moot point that they can't spend the coins.
If you give your keys to a trusted group of people (via multisig or otherwise) you would face the possibility that law enforcement could seize the keys from them (or they could give them up voluntarily if threatened by law enforcement).
If you store your keys in any other way, then you face the possibility that your keys will be seized if/when you are arrested. Even if law enforcement cannot use the keys to send funds (they are properly encrypted) they can still keep them from you, making it a moot point that they can't spend the coins.
If you give your keys to a trusted group of people (via multisig or otherwise) you would face the possibility that law enforcement could seize the keys from them (or they could give them up voluntarily if threatened by law enforcement).
August 12, 2014, 10:45:14 PM
Do you know that Abe Lincoln is jacking off in a FleshLight and Ronald Reagan is holding a dildo. ROFL
Best solution to your dilemma is to leave the USA.
Best solution to your dilemma is to leave the USA.
August 12, 2014, 10:29:37 PM
Encrypted paper wallet. Spread it around. No worries.
August 12, 2014, 09:54:31 PM
Id probably do a mutil sig paper wallet where you only need 2 of the 3 keys. you keep one in a safe place and give the other two to people you trust with your life and tell them to put it in a safe or safe deposit box. Or you can just do a plain paper wallet, but I believe the multi sig is actually safer, that means if one paper is compromised then you just need the other 2 to gain access. Basically, one person cant get to the coin.
Or you can do just a plain paper wallet/cold storage.. But given the scenario that you described, id opt for the mutli sig i think..
Or you can do just a plain paper wallet/cold storage.. But given the scenario that you described, id opt for the mutli sig i think..
August 12, 2014, 09:50:23 PM
If you get jailed for years for whatever reason what is the best way to keep your bitcoins secure for when you (hopefully) get released?
There is currently a lot of bullshit laws in the USA that a red-blooded white man could easily get jailed for.
Discuss.
There is currently a lot of bullshit laws in the USA that a red-blooded white man could easily get jailed for.
Discuss.
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