Oddbean new post about | logout
▲ ▼
HODL | 1 months ago (raw) | root | parent | reply | flag 
 Well you hold the 2 in a 2 of 3 so they can only ransom max one key. Not a very effective ransom I would say.
▲ ▼
Unit of a Count | 1 months ago (raw) | root | parent | reply | flag +1 
 So if you lose access to one of the keys you hold, and need the emergency one, they could royally fick you

In a lawless scenario
▲ ▼
Unit of a Count | 1 months ago (raw) | root | parent | reply | flag 
 Even in a Contractual world, Companies change there TOS without notice all the fucking time

Unchained Capital use to charge $25 flat to gain access to your emergency key

Now they charge $250 a year
▲ ▼
William B Travis | 30 days ago (raw) | root | parent | reply | flag 
 In a lawless scenario, everything is dangerous. Spending bitcoin will be dangerous. The word will get out that you have it, and then anything could happen to you and yours.