Oddbean

One of the more common questions I receive is about the feasibility of using duress wallets to mitigate physical attacks. Today I'm presenting my thoughts on the matter. https://blog.casa.io/can-duress-wallets-stop-bitcoin-attacks/

I’m surprised we haven’t seen emergency weaponized perimeter drones used yet as a home defense option. Carry a duress button and have perimeter sensors that launch a swarm of exploding drones that surround a target before they ever make it to your door. Announce it over an intercom and ask them to sit down and wait for the authorities. Blow one up as a demo if they try to run.

Thanks Jameson! Beem thinking the same. What's clicked for me in your article is the info asymmetry. They probably studied you thoroughly. Also interesting with the legal issues of escalation. Regarding geographically distributed keys, it's hard to convince the attacker that that's the case. But that's out of scope for your article.

Sure, whether or not you can convince the attacker is not relevant to the security of the funds. If your physical security has been compromised, they may torture / kill you regardless. In most cases it seems physical attackers prefer to get in and out quickly without getting law enforcement on their tail for homicide.

thanks Jameson I always read all your articles cause it s something that really worries me, I do btc courses and meetups in my area amd..well, sometimes I wish I was completly anon TBH one question what about having a timelocked wallet that after certain amount of blocks or time sends the funds to another address (and once its setup you can't change that, of course)

You said that the funds had to go to a specific address after the timelock. It's not currently possible to place forward-looking restrictions upon your funds. That requires us to activate some form of covenants.

Keep low profile unless you wan to be a target, it is as easy as it gets. And keep your cold wallet at a safe place when travelling, we have lightening wallets if you want to use Bitcoin. But I never use it so no one can suspect I'm a Bitcoin holder. Be a normie at an unknown location.

This gives me pause on how much I want to share on here and other platforms. I am still on fence about being out and vocal in the world as a bitcoiner. Bitcoin is not how I make a living/my profession. It is not my area of expertise to talk about/I don’t anticipate or want to be a leading communicator only bitcoin wisdom. Shouldn’t I just keep my privacy enact? But I stay alone isolated from likeminded community.

That’s exactly how I see it. The most important part is not being seen as a bitcoiner. I don’t evangelise Bitcoin for this very reason, safety. Once you are know as bitcoiner you have a target in your back. I would like to go to Bitcoin meet-ups but I feel that’s like a honeypot for violence.

I don’t understand how multisig held with a third party helps in any way. Under the threat of violence to your family you will still use them to withdraw. Will an attacker just leave if you say, I would have to contact casa? I doubt it. Seems to be a prolonger of violence.