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Whats the most secure way to store coins?
Robert Lopez
Oliver Campbell
Offline device paper wallet
Bentley Williams
Memorise your seed then put your brain in a Ledger Nano S
Ayden Long
I'm thinking about contacting an estate attorney with instructions in case I kill myself or do something stupid and die before I make it
James Ramirez
a mind wallet
Landon Johnson
I'm leaning towards a hardware wallet multisig with appropriate ratios to prevent theft as well as loss of funds
then giving the instructions to an estate attorney
Lincoln Parker
the sucicde hotline was posted on reddit when bitcoin was $10k+
Juan Rivera
CIA niggers can still get in there
Camden Campbell
The french way : LEDGER
Brody Barnes
what i did:
download ubuntu to usb stick, save the bitaddress paper wallet generator website to the same usb stick.
load your pc from the usb, then generate like 7 addresses in list format and print it out twice (preferably by a direct connection, not wifi or bluetooth).
then put one of the sheets somewhere completely safe, and the other you can cut out and hide in different places
just tell a trusted family member
Hudson Taylor
multiple paper wallets really are the best. i always roll my eyes at hardware wallet fools. nice expensive toy you've got there.
meanwhile paper wallets are dirt cheap, never fails as long as you store them properly, can be backed up with ease and you can cut them into pieces with a scissor and store them in 5 different locked boxes in 5 different places
Jason Hall
insecure since people rarely get a true random private key with them. private keys that aren't truly random can be brute forced. also if you forget due to an accident while still remembering you used to know a private key you'll feel like shit. also for inheritance if you die your key goes with you, however if you have a paper wallet your family will keep the coins.
Cooper Lopez
double encrypting private key, embedding it in trap porn on an ssd with 5 Terra porn that never touches an external network
Kevin Fisher
yrah but im not satisfied with the standard encryption protocol for them
Blake Nguyen
Hardware wallets arent vulnerable to screencapture, keyloggers or clipboard hijackers
Thomas Cox
ups and downs. paper wallets arent vulnerable to those things either if you do it right.
reinstall your operating system, connect to internet, quickly download the paper wallet html file, latest firefox version and printer drivers, disconnect, place on usb stick. reinstall operating system. never connect to the internet. install printer driver, install firefox and open the html in it, make 5000 paper wallets. afterwards reinstall operating system and toss the printer into lava.
you can now use the paper wallets with 100% certainty nobody else have the private key
Adrian Anderson
I'm thinking about electrum's multisig
and thinking of using hardware wallets as cosigners
distributing the hardware wallets with certain masterpubkeys to complete the wallet recovery
those keys are generated on the hardware wallet right? and safe from keylogs
each cosigner could recover their key from the word seed if something were to happen
I'm thinking a variety of estate management, bank lock box, trusted family members, as well as hidden locations
distributed at proper ratios I can protect myself from fire/theft, government seizure at a bank, collusion of family members, or my death
seems like a good strategy anyone know of any flaws it in? I guess my family could kill me and that would release funds
also the trap porn folder was a good suggestion too
Owen Reyes
Imagine putting this much work into protecting 500 dollars worth of imaginary internet coins which nobody gives a fuck about when there are tens of billions of dollars sitting in bank accounts protected by software from the 1980s
Camden Sanchez
haha it's pissing my family off when I autisticly ramble about this stuff
you're probably right it isn't a big deal but it's more of a game to me coming up with something dope
Jaxon Powell
or you cut the paper wallet in half. place first half in bank vault a, make a copy in bank vault b. make X copies for each of your trusted family members and tell them to store safely. or dig copies in the forest somewhere and tell those you trust the locations (one person only get to know one location).
if you die the bank vault's content goes to your family, if the gov raids the bank they still need to squeeze your family.
it sounds like a lot of work but it should take less than an hour. just for 500 bucks i'd not bother myself. tricky part is finding lava.
Nicholas Bell
Hardware wallet, since the private 'kys' is stored on the device and it is never known.
It's a bit overkill unless you have a big amount of crypto, beyond 5 figures. You can always boot a Linux live CD, download the wallet of choice and create one offline. It is as safe as it gets.
Lincoln Gomez
so your final solution is to put it in a bank.
right on bro.
James Walker
Half a private key is drastically less secure than a whole. What you want to store in the bank and in locations disclosed in your will is a code of the book cipher type. Your heirs should know the book but a bunch of trustees should hold several code rotation keys that must be put together for the code to work. This makes it so that officials, people you trust and your heirs must conspire against you together to get the private key. Additionally the private key should be to an address which your assets will be sent to by a dead man's switch smart contract without anybody but you knowing this. I have yet to figure out a way to make it so that you learn if somebody accessed the empty account.
Easton Morris
In your brapper.
Joseph Miller
Private key as a QR code machined into thick steel plates in a firesafe.