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Topic: How to keep your bitcoins secure if you suddenly disappear (jail or prison) - page 8. (Read 17025 times)

hero member
Activity: 674
Merit: 500
Holy shit! How did this become a NSFW thread? I opened this up on a city bus and the woman sitting next to me moved to another seat. LOL

I'd rather walk then be on a city bus.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Holy shit! How did this become a NSFW thread? I opened this up on a city bus and the woman sitting next to me moved to another seat. LOL
hero member
Activity: 674
Merit: 500
What will you do when the jews come for your bitcoins and guns, white man?
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Actually, less than 3% of inmates are ever raped in jail.

Prison rape is deliberately exaggerated to keep everyone terrified of prison.

I wouldn't be surprised if that number was much higher.  Think about how many prisoners would like to openly admit something like that had happened to them.  I could be wrong and maybe it is just used as a fear tactic but I wouldn't be surprised to learn the real numbers are much higher in such a dysfunctional environment. 
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
If I had to get my Bitcoins over a timespan of imprisonment:

Saving Bitcoins:
1) calculate x = sha256(my full name + birth date + name of the primary school I went to + something simple to memorize) or something like that
2) run a program which does nothing other than repeating "x = sha256(x)" until I push the "stop" key
3) wait as long as possible
4) just before going to jail, stop the program by pressing the "stop" key. After stopping the program, I take the current "x" value as the private key and tranfer all my Bitcoins to the corresponding public key.
4b) Memorizing approximately how many x=sha256(x) steps it took might help later

Restoring Bitcoins:
1) extract all Bitcoin addresses from the blockchain
2) calculate x = sha256(my full name + birth date + name of the primary school I went to + something simple to memorize) or what I've choosen
3) run a programm which does "x = sha256(x)" until the corresponding public key matches an address in the block chain (Memorizing 4b could accelerate the task because calculating a public key from a private key requires some extra power)
4) restore my savings



BIP38 is easier, and currently takes anywhere from a minute to 10 minutes on existing implementations, to encrypt/decrypt keys.

I've been looking at customized PBKDF's... like the one used in RAR, or TrueCrypt or VeraCrypt. Those are practically un-brute-force-able.

If it takes a modern computer a few seconds to derive the 256-bit AES key ... it's going to take forever for someone to just go from A to Z even if the password was only 10 characters, more is better.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Do you mean "less than 3% of inmates are ever raped in jail"?

Or "less than 3% of inmates admit to being raped in jail"?
Hmm that may be a valid point.

"It was conservatively estimated by the Department of Justice (DOJ) that approximately 1 in 10 inmates were assaulted in 2012, and as prison populations continue to grow, it can be assumed that this number has only increased in the past two years."

source: http://lawstreetmedia.com/blogs/crime/rape-part-sentence/

3% may not be accurate. If they're "conservatively estimating" 1 in 10 are being "sexually assaulted" in some way, it's probably 15-20% in reality.

But be aware that "sexual assault" includes things like touching and molestation, not necessarily full on rape.
hero member
Activity: 546
Merit: 500
How about a QR tatoo?


That might get a little...ehm...distorted over time in jail.
Actually, less than 3% of inmates are ever raped in jail.

Prison rape is deliberately exaggerated to keep everyone terrified of prison.

Do you mean "less than 3% of inmates are ever raped in jail"?

Or "less than 3% of inmates admit to being raped in jail"?
full member
Activity: 174
Merit: 253
I agree there is far too many ways you could keep them secure, it really is just a case of looking into each option to select the best option not only for you but that is proven to be nearly 100% safe while you are away for such long periods of time.
 Option 7. of course

They are all very easy methods I think, but not without danger of loss.
Summary of methods so far:
sr. member
Activity: 252
Merit: 251
Knowledge its everything
There's a way :
encrypt your wallet.dat with good password > archive wallet.dat to zip with password > upload .zip to cloud storage (please choose secure & still avalaible even you dissapear for long time) > done

Or maybe you want to remember your private keys  Grin
sr. member
Activity: 406
Merit: 250
I agree there is far too many ways you could keep them secure, it really is just a case of looking into each option to select the best option not only for you but that is proven to be nearly 100% safe while you are away for such long periods of time.
full member
Activity: 139
Merit: 100
so many ways to be selected!
hero member
Activity: 674
Merit: 500
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
Multisig paper wallet would be safest in my opinion. Then store multiple copies in separate safety deposit boxes Smiley
The police/district attorney could easily get warrants to search safe deposit boxes that you own, and the chances of them doing this to your boxes would be much greater if you are charged with a more serious crime.

I think whatever method you use, you must be able to access your funds using only your head and nothing more then your head.
full member
Activity: 164
Merit: 100
If I had to get my Bitcoins over a timespan of imprisonment:

Saving Bitcoins:
1) calculate x = sha256(my full name + birth date + name of the primary school I went to + something simple to memorize) or something like that
2) run a program which does nothing other than repeating "x = sha256(x)" until I push the "stop" key
3) wait as long as possible
4) just before going to jail, stop the program by pressing the "stop" key. After stopping the program, I take the current "x" value as the private key and tranfer all my Bitcoins to the corresponding public key.
4b) Memorizing approximately how many x=sha256(x) steps it took might help later

Restoring Bitcoins:
1) extract all Bitcoin addresses from the blockchain
2) calculate x = sha256(my full name + birth date + name of the primary school I went to + something simple to memorize) or what I've choosen
3) run a programm which does "x = sha256(x)" until the corresponding public key matches an address in the block chain (Memorizing 4b could accelerate the task because calculating a public key from a private key requires some extra power)
4) restore my savings

legendary
Activity: 1624
Merit: 1008
no it's not, he admits it himself. 

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
I believe it's in the following video which is also on his website.  Bitcoin Cryptocurrency Crash Course
This crash course is 1:12 long Tongue and I have no idea at what point he mentions it.  I'm only 99% certain this is the correct video.  This talk is from last summer in silicon valley.  Being it was from last year some things are a bit outdated like regulatory uncertainty which also led him to say he wouldn't recommend it as an investment.  Meanwhile he says that it was almost all his investment.  This was before the congressional meetings last year and the subsequent bubble.  I gave this video to a certified financial planner as part of an intro I made for him about btc.

http://www.youtube.com/watch?v=JP9-lAYngi4

dont get me wrong I love Andreas, but for some reason he looks
like a crazy vampire in that speech.




thats blasphemy!


 Tongue
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto

I thought about creating a service, like boomerang for gmail: Person signs a transaction from A->B, but doesn't broadcast it. My server will broadcast the transaction only if you don't check in for the last 30 days. If you get thrown in jail (or die), no one would suspect that transaction is yours.

Wouldn't a Dead Man's Switch work for that purpose? But those are mostly for emails only. If there was an email-to-broadcast-tx service, that would work with almost all those dead man's switches or even google inactive account manager.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Discuss.
Shall we discuss the fact that you're a racist asshole?
sr. member
Activity: 518
Merit: 250
They are all very easy methods I think, but not without danger of loss.
Summary of methods so far:

  • multi sig paper wallet
  • plain paper wallet/cold storage
  • encrypted paper wallet
  • cloud based storage service
  • Private keys encrypted in the cloud, with a password you won't forget by a few years,
  • memorize 64 hexadecimal chars, keep the private key in your brain.
  • QR tattoo
full member
Activity: 238
Merit: 100
Multisig paper wallet would be safest in my opinion. Then store multiple copies in separate safety deposit boxes Smiley
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