How to keep your bitcoins secure if you suddenly disappear (jail or prison) - page 2.

gogxmagog

legendary

Activity: 1456

Merit: 1010

Ad maiora!

Quote from: Pab on October 09, 2015, 05:15:42 PM

I think backup wallet and keep save in Mega cloud,best cloud in internet
Or like somebody adviced here leave USA and go Canada,Canada is friendly for Native American and crypto

Umm. I'm Canadian and part native. We like to show off to the world that were great to our first people's and always have dancers at public events n stuff, but if you know anything about our history, about policy even today, or have ever visited a reserve up north... You would not say that. Native people in Canada make the poorest blacks in the USA look like Danish Royalty.

Basically the image of Canada as a progressive humanitarian nation is a sham. We are just America's bitch.

Pab

legendary

Activity: 1862

Merit: 1012

I think backup wallet and keep save in Mega cloud,best cloud in internet
Or like somebody adviced here leave USA and go Canada,Canada is friendly for Native American and crypto

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: gogxmagog on October 09, 2015, 03:21:03 PM

I've got my ledger wallet in a safe place, and I trust my wife, so if I need to access my btc she could do it for me. I've also shown her where it is so if she needs to move out the house she can retrieve it for me. Basically, I trust my wife.

I've got lots of valuable stuff I know she will look after for me if I have to "go away"

I basically did the same exact thing with my Trezor seed. I have written a 2 page paper where I explained everything to my wife in the case something God forbids was to happen to me.

I don't know, but I think this is the best thing. With the brain wallet, if you die tomorrow in a plane crash, your bitcoins go with you. Basically you have to tell someone of trust!

gogxmagog

legendary

Activity: 1456

Merit: 1010

Ad maiora!

I've got my ledger wallet in a safe place, and I trust my wife, so if I need to access my btc she could do it for me. I've also shown her where it is so if she needs to move out the house she can retrieve it for me. Basically, I trust my wife.

I've got lots of valuable stuff I know she will look after for me if I have to "go away"

solitude

hero member

Activity: 674

Merit: 500

bump

niktitan132

legendary

Activity: 1036

Merit: 1000

My option would be to make a brain wallet and deposit there my Bitcoin, hopefully i would not forget the passphrase.. Tongue

picolo

hero member

Activity: 1022

Merit: 500

Quote from: bigasic on 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..

You have the option of the brain wallet that has a lot of advantages when you are cut of the real world for a long time as many posts said. I think it is the best way to keep some bitcoins if things get really messy.

Prez_K

newbie

Activity: 14

Merit: 0

TATTOO WALLET WOULD BE A GREAT SOLUTION Grin

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: philiveyjr on January 26, 2015, 05:46:53 AM

Quote from: remotemass on 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.

Yeah sounds like the easiest solution to it! Tongue

Actually if you really can remember it , that is the best and safest way to do it
Or the multisig idea sounds good enough
But instead of giving it to , two different people , keep one in your bank , one if safe deposit(secret) and last one to a friend (highly tusted)

bitcats

legendary

Activity: 1015

Merit: 1001

Knowledge is knowing a tomato is a fruit. Wisdom is not putting it in a fruit salad Wink

moriartybitcoin

hero member

Activity: 560

Merit: 500

★777Coin.com★ Fun BTC Casino!

Geocaching: Put the coins on multiple truecrypted flash drives, then bury them in different locations in the woods.

NOTHING else is secure, period. Forget all this multi-sig bullshit when it comes to longterm storage ..

solitude

hero member

Activity: 674

Merit: 500

>mfw reading this thread

Guido

legendary

Activity: 1061

Merit: 1001

get a 'paper wallet' made of plastic. memorize pass and tell your mum (only person you can trust)
make small incision in ballsack. insert wallet. restitch. Grin

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

The longer Bitcoin is around the more believable the concept of a Bitcoiner being sent to jail or prison.

philiveyjr

legendary

Activity: 840

Merit: 1000

Quote from: remotemass on 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.

Yeah sounds like the easiest solution to it! Tongue

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

It's not that hard
I would simply make a brain wallet (remembering Electrum seed can be hard for years ...)
or simply Make a encrypted Paper wallet and save it so no body find it , once I come out from jail , I enjoy being rich Shocked

If I had a little amount of money ... well I won't worth to hide it

sekaiissobig

full member

Activity: 238

Merit: 100

I'm a little curious on this statement
There is currently a lot of bullshit laws in the USA that a red-blooded white man could easily get jailed for.

solitude

hero member

Activity: 674

Merit: 500

some good ideas ITT

Prepare for the worst people.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Well, they changed out my utility poles including street lighting lately, so glad I didn't lose a wallet that way, and the tree idea has certain pitfalls also... http://en.wikipedia.org/wiki/The_Big_Job_%28film%29

Meuh6879

legendary

Activity: 1512

Merit: 1012

1) Open a public lamp post (in a residential zone)
2) Save wallet.dat or private key in a thermos bottle
3) hard duke on the public lamp post
4) done for 15 years (or more)

...

1) Go to a 30th tree (on road or on a forest)
2) Mined
3) Save wallet.dat or private key to a plastic tupperware
4) close the hole

Topic: How to keep your bitcoins secure if you suddenly disappear (jail or prison) - page 2. (Read 17047 times)