5 ms·
Unless you're tortured.
by lr4444lr 6y ago
Unless you're tortured.
- eMGm4D0zgUAVXc7 6y agoYou can memorize a second seed which holds a small amount for plausible deniability.
- drran 6y ago- Where are your millions? - Take this Bitcoin wallet with 10 Bitcoins, please! - Ok, but where are your millions?
- jstanley 6y agoAnd what's your defence against torture for literally any other class of asset?
- lr4444lr 6y agoIt being in the vault or at least on an audit trail of some other institution who can later vouch about who seized it, as court evidence.
- gruez 6y agoI doubt that'd work during a war. The best you can hope for is that your country wins and you can collect reparations.
- Spooky23 6y agoFocus on getting your ass out of there and forget about your assets. Value of an asset to you is zero if you're dead.
- PeterisP 6y agoOverseas real estate and other holdings was generally immune to that - in some cases you wouldn't even be able to hand it over to the occupying gov't if you wanted to (since the country with the wealth was hostile to that occupying gov't), in other cases property seized that way was returned through legal means, again through the judiciary of the country where the assets reside, as any contract or transfer under duress is illegitimate and the transfer is reversible.
- Cthulhu_ 6y agoThey would have to know you have crypto assets first. Easy to hide that bit of information.
- fogihujy 6y agoThat applies to any property and/or secrets hidden away, cryptocurrency or not. Smashing your kneecaps with a wrench until you start singing will work just as well no matter if you have stashed some gold away or if you've memorized a private key.