Oddbean new post about login | logout I'll post an essay in a few days. I'd caution against conflating your personal security with the security of your funds. They are separate problems that require separate solutions. In general it seems home invaders don't want to murder their victims. They just want the money, and even if they fail to get it they tend to just leave.
That's wishful thinking. Which is also why, to answer Ivan, a multisig isn't a fix. I am saying this only to help you take this seriously. If they know you're loaded and you shrug shoulders, they will get angry. Of course, it depends on who you're dealing with and how much they know, it's a big spectrum. You can never be too careful.
Why isn’t multisig a fix? I have my seed backups each in a different country, and hardware wallets in my possession are reset/blank. You’d have to travel through customs for multiple countries and escort me into bank safe deposit vaults.
Making it impossible to give them what they want is the same as giving them the finger, they won't believe you and you'd just get them angry. The best opsec is not just hiding your stash but making yourself invisible.
Doesn’t matter if they don’t believe me, they cannot get my coin. Comprehensive opsec is required as well, since I don’t want someone kicking in my door in the first place. But I’m not going to reveal my opsec here.
No, don't give them nothing. Life is priceless. Make it look like you are giving them what they want.
They won’t believe that is your whole stack and you’d just get them angry, it is the same as giving them the finger.
One vs. two fingers debate, huh? They won't believe anything even if you are telling the truth. Your only hope is that they spare your life, even if it costs you one or two fingers... https://m.primal.net/JENw.jpg
"in general", BEFORE the satanic MS-13 invasions are about to set the new standard, to be mimicked by the blacks soon after... #totallyfucked
multisig isn't a good option. you are likely to lose it all without anyone even noticing it. Elevating the complexity of your setup could potentially lead to the loss of your Bitcoin holdings. TL;DR each multisig holder must have the copy of a *public* key of the *each* multisig holder. Otherwise funds are lost should one seed (and its respective public key) be lost. https://youtu.be/sjS5qF65Yos Anyone who decides to go with multisig needs to understand that multisig does not create a 2 out of 3 redundacy. It requires 3 out of 3 redundacy in order to give you 2 out of 3 spending authority. - The multisig address is a sha-256 hash of a script that lists all three public keys. - In order to prove that you have two out of the three public keys, you still need to provide all three public keys. - If you lose one of the seeds, you have lost the third public key and the hashed address does not give you any hints at what it is, so you can never spend these Bitcoins again. Therefore, it is important to keep all three public keys safe if you are using a multisig wallet.
