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PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: Scott J on July 17, 2014, 12:58:22 PM

Quote from: PolarPoint on July 17, 2014, 12:56:31 PM

I would split my bitcoin holdings into two parts 90% and 10%. Hide the private keys with two different methods. If LE ask for your bitcoin, give them the 10% stash.

This could work, though possibly not if discussing such an idea was in your post history Grin

He could say it was a thought experiment, he never actually did it.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: LostDutchman on July 17, 2014, 12:51:50 PM

Quote from: byt411 on July 17, 2014, 09:56:03 AM

All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.

Correct but they can also get a court order compelling you to open the thing to them.

If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind.

Has there been a precedent setting district court case that decided this? I know it has been challenged. At least in the US you can't be force to incriminate yourself.

Kluge

donator

Activity: 1218

Merit: 1015

Quote from: TheButterZone on July 18, 2014, 06:36:03 PM

Quote from: Kluge on July 18, 2014, 05:31:14 AM

Never have your pubkey associated directly with your legal identity. If your legal identity is tied to any pubkeys you use, you're probably boned and will need to turn over the privkeys. If you have pubkeys showing in your wallet at all and they hold coins, you're probably boned and will need to turn over the privkeys, even if they're watch-only.

So put a watch on the Silk Road seized coins addresses.

I thought about suggesting that... go with the "oh, I'm just some fucking weirdo who likes to watch coin flow from a random subset of addresses" argument... but even still, if they can directly tie coin-filled public keys to you, I'd guess they demand you decrypt them and prosecute if you don't.

BIGbangTheory

member

Activity: 83

Merit: 10

Use a brain wallet.

Store your wallet on the cloud that allows access via TOR exit nodes and use TOR to access the cloud provider.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: Kluge on July 18, 2014, 05:31:14 AM

Never have your pubkey associated directly with your legal identity. If your legal identity is tied to any pubkeys you use, you're probably boned and will need to turn over the privkeys. If you have pubkeys showing in your wallet at all and they hold coins, you're probably boned and will need to turn over the privkeys, even if they're watch-only.

So put a watch on the Silk Road seized coins addresses.

ThomasCrowne

full member

Activity: 210

Merit: 100

★☆★ 777Coin - The Exciting Bitco

Quote from: LostDutchman on July 17, 2014, 12:51:50 PM

Quote from: byt411 on July 17, 2014, 09:56:03 AM

All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.

Correct but they can also get a court order compelling you to open the thing to them.

If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind.

Ummm...don't even sweat it. I heard a rumor that the Greybar Hotel would be accepting bitcoin by the end of Q4 for all commissary items :-p

Kluge

donator

Activity: 1218

Merit: 1015

Never have your pubkey associated directly with your legal identity. If your legal identity is tied to any pubkeys you use, you're probably boned and will need to turn over the privkeys. If you have pubkeys showing in your wallet at all and they hold coins, you're probably boned and will need to turn over the privkeys, even if they're watch-only.

If you just keep your privkey private, though, you won't have your bitcoins seized -- that'd be technically impossible until they figure out how to accurately extract data from your brain. -But you're basically in a hostage/blackmail situation. If they found you controlled the pubkey at one point, they could probably charge you (maybe successfully) with destroying evidence, obstructing justice, and whatever other stupid charge they feel like piling on. Maybe money laundering if you "don't know who controls the key, now." Cheesy

DewlanceVPS

member

Activity: 64

Merit: 102

Dewlance.com

Encrypt your wallet and store your wallet in a pen drive and hide this pen drive in some secret place.

Always take a backup of your wallet in other pen drive, etc. ;P

acs267

hero member

Activity: 644

Merit: 500

How would they know you have Bitcoins?

shkiser

sr. member

Activity: 350

Merit: 250

Quote from: frankenmint on July 17, 2014, 04:29:40 PM

Quote from: fanaat on July 17, 2014, 09:54:50 AM

As title says: how do you keep bitcoins safe from LE(Law Enforcement) incase they have a warrent to storm your house take everything etc. What can a user do in such situation?

What steps do i need to do crypting my wallets etc . to prevent this? aswell so they cant see the amount of bitcoins in a wallet/computer

How to Crypt your wallet:

1) Travel to 3 points in North Denver
2) initiate your wallet in the local chapter
3) Pop some punk-ass-bloods
4) Find some at a gas station - walk towards them while a bigrig is comming your way to cause the big rig to swerve into them.
5) Congratulations, your wallet is now Crypt-ified.

LOL

I was trying ti follow, wondering where u were going with this..

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: LostDutchman on July 17, 2014, 12:51:50 PM

Quote from: byt411 on July 17, 2014, 09:56:03 AM

All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.

Correct but they can also get a court order compelling you to open the thing to them.

If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind.

Put on a dummy public address with one bitcent instead of the actual amount in the encrypted key. If they still want it, then have the dummy address be a brain wallet.

frankenmint

legendary

Activity: 1456

Merit: 1018

HoneybadgerOfMoney.com Weed4bitcoin.com

Quote from: fanaat on July 17, 2014, 09:54:50 AM

As title says: how do you keep bitcoins safe from LE(Law Enforcement) incase they have a warrent to storm your house take everything etc. What can a user do in such situation?

What steps do i need to do crypting my wallets etc . to prevent this? aswell so they cant see the amount of bitcoins in a wallet/computer

How to Crypt your wallet:

1) Travel to 3 points in North Denver
2) initiate your wallet in the local chapter
3) Pop some punk-ass-bloods
4) Find some at a gas station - walk towards them while a bigrig is comming your way to cause the big rig to swerve into them.
5) Congratulations, your wallet is now Crypt-ified.

Scott J

legendary

Activity: 1792

Merit: 1000

Quote from: PolarPoint on July 17, 2014, 12:56:31 PM

I would split my bitcoin holdings into two parts 90% and 10%. Hide the private keys with two different methods. If LE ask for your bitcoin, give them the 10% stash.

This could work, though possibly not if discussing such an idea was in your post history Grin

PolarPoint

hero member

Activity: 672

Merit: 500

I would split my bitcoin holdings into two parts 90% and 10%. Hide the private keys with two different methods. If LE ask for your bitcoin, give them the 10% stash.

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: byt411 on July 17, 2014, 09:56:03 AM

All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.

Correct but they can also get a court order compelling you to open the thing to them.

If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: Mats8500 on July 17, 2014, 09:56:52 AM

I would encrypt my wallet, plus make copies and secure them somewhere else in case they take they seize the computer itself.

Uh.... If you make more copies, they would find them, and nothing would happen even in they take your computer.

Mats8500

newbie

Activity: 54

Merit: 0

I would encrypt my wallet, plus make copies and secure them somewhere else in case they take they seize the computer itself.

byt411

hero member

Activity: 798

Merit: 1000

All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.

fanaat

newbie

Activity: 25

Merit: 0

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Topic: sdasdasd - page 2. (Read 4061 times)