3 ms·
Secure it on a piece of paper in a locked box. Back it up on a second piece of paper in a second locked box, kept in a second location. Put both locked boxes
by kerkeslager 6y ago
Secure it on a piece of paper in a locked box.
Back it up on a second piece of paper in a second locked box, kept in a second location.
Put both locked boxes in your will.
In response to the tornado link you've been spamming: obviously there are limitations to any security system. None of your proposed security systems particularly secure you against government agents beating you with a rubber hose until you hand over your wallet password, but I think we can agree that a reasonable level of security doesn't have to worry about that or two simultaneous tornadoes at different locations.
- VikingCoder 6y agoHow much does it cost you to have a locked box in two secure locations? And I don't need to go to government agents, I'm just talking about simple robbers. Say for instance family members who figure out you have Bitcoin and want to take it from you.
- kerkeslager 6y ago> How much does it cost you to have a locked box in two secure locations? Well, I live in a home, already have the boxes for all my papers (Social Security Card, Passports, Birth Cert, etc.) and I have at least one person I trust who lives in a separate home, so nothing. > And I don't need to go to government agents, I'm just talking about simple robbers. Say for instance family members who figure out you have Bitcoin and want to take it from you. ...which my system protects against just fine.
- VikingCoder 6y agoThere is a greater than zero percent chance the person you trust will very you.
- kerkeslager 6y agoWe've already been over that. There is no security system which exists which has a zero percent chance of failure. It's clear you're more interested in winning an argument here than in discussing real-world security, so I won't be responding further.
- VikingCoder 6y agoI am absolutely interested in real-world security, which is why when someone declares snake-oil, "Holding Bitcoin is literally free," I think it's worth debunking it.