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/biz/ - Business & Finance

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16337341 No.16337341 [Reply] [Original]

>NOOOOOOOOO MR.POLICEMAN YOU CAN'T JUST TAKE AWAY MY LAPTOP WITH ALL MY WALLETS AND PRIVATE KEYS!!!! BITCOIN IS UNCONFISCATABLE!!! NOOOOOO!!!!!

>> No.16337359

>NOOOOOOO YOU CAN'T JUST SPAM WOJAK THREADS! THINK OF THE QUALITY OF THE BOARD!

>> No.16337447

>>16337341
>not encrypting the fuck out of your harddrives and backing up your private keys

some people deserve their fate

>> No.16337461

>>16337447
Noooo you can't demand I unencrypt or put me in jail!!

>> No.16337464

>>16337341
>storing private keys digitally

>> No.16337468
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16337468

>NOOOOO YOU CANT

>> No.16337484

My brainwallet is: cswissatoji no one can take it :-)

>> No.16337579

>>16337341
> unironically storing your private keys on your laptop
Yea you need to go back. And take these shitty memes with you.

>> No.16337610

>>16337464
I do. It's called encryption.

>> No.16337618
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16337618

>mfw I memorized it

>> No.16337646
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16337646

>having physically provable proof of ownership

>> No.16337657

Guess I have to move my funds to Swiss banks or Cayman islands. Can someone from smartcontracts.com help?

>> No.16337683
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16337683

>>16337618
good luck m8

>> No.16337684

yeah I just have regular accounts
but sure prosecutors could go through a judge and get my assets frozen if my lawyer couldn't stop it.
No let's have something a pig could confiscate at his own discretion with zero court oversight. crypto is so much better. heh

>> No.16337703
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16337703

>>16337683
>the police are going to waterboard someone just because they could possibly have shitcoins
take your meds, schizo

>> No.16337709

>>16337683
How would they know I have shitcoins? I have no crypto software on my PC. I just install, use (by signing offline), and delete whenever I need to spend coins. Sorry KIKE, you won't get my bitcorns

>> No.16337726

>>16337709
because your lifestyle doesn't match your official income. you could try to not spend your coins ever, but that sort of defeats the purpose of hoarding wealth.
>>16337703
I'm talking about a hypothetical "fiat collapses" scenario, which according to most bitcoiners is pretty much inevitable.

>> No.16337906

>NSA
>guhvenmuhn douhnooh

>> No.16337956

The private key is just 51 characters (in case of Bitcoin). Not really hard to remember.

>> No.16338066

>>16337709
same way they catch other people with hidden sources of income

>> No.16338079
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16338079

>>16337726
But I'm homeless..

>> No.16338320

>>16337341

> storing all your bitcoin on your laptop where it can be easily confiscated

Way to strawman the inconfiscatability of btc. You can memorise a 24 mnemonic passphrase in my head and cross borders with a billion dollars in my brain

Or if you have a bad memory just scatter your seed phrase into horcrux-esque pieces where you need multiple fragments to construct the full seed phrase

>> No.16338340

>>16337726
If fiat collapses will the government go crazy and just start throwing coiners in jail and shit? That's what worries me a little. This next decade is gonna be nutty.

>> No.16338640

>>16337341
>not storing multiple backups of your encrypted digital wallet data

>> No.16338665

>not memorizing your private key
it's literally only 64 hex characters you memorylets

>> No.16338745

>>16337683
torturing has been found to be ineffectual at getting information out of people. weak willed people will generally hand the information over with mere intimidation.

>> No.16338781

>>16337341
>not encrypting your private keys in secret code based on Kabbalist reading of the Torah
oy vey

>> No.16338861

>>16338745
torture is ineffective because victims can just lie. it takes week to notice that the supposed troop movements are actually bullshit.
wallet keys can be verified in seconds.

>> No.16338968

>>16337610
You're a dum dum.

Private keys should be physical. One easy access copy that can burn down with its location, another durable copy that can survive fire/water/time.

>> No.16339017

>not having a ledger disguised as a kitchen utensil with the pin memorized and the mnenomic phrase hidden in triple layered plastic seal and in scrambled order tucked away in hidden walls in 2 trusted locations

Ngmi fellas

>> No.16339063

Only, you're wrong, REAL WRONG. It can be confiscated.

>> No.16339094
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16339094

>>16338861

>> No.16339193

>>16337461
Just tell them you forgot the password.

>> No.16339231

>>16339094
the average /biz/tard doesn't have the mental fortitude to take a shower. they'd crumble in less than ten minutes.

>> No.16339262
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16339262

>>16337341
Store your coins inside a hardware/paper wallet and keep it hidden. It's not that hard basedjack

>> No.16339710

>>16339017
If the seed phrase is in scrambled order, where do you keep the correct sequence? That's another security step.

>> No.16339728

>>16339231
>divided by toilet kek

>> No.16339786

>>16337461
lol indeed they can demand but you won't.

>> No.16339797

>>16339262
hardware wallets offer shit secure redundancy you can make as many of the paper wallets as you wish spreading them out multiple locations to create security against disasters theft and confiscation.

make sure they are bip38 tho!

>> No.16340135

>>16338861
sleep deprivation churns up your willpower in 3 days totally. you won't want to lie anymore just be left alone. i was totally out of whack after 2 days. i didn't even mind if i die so long i can sleep a minute.

>> No.16340206

>>16340135
>can’t even go without sleep

You’re weak

>> No.16340888

>>16340135
That's fucking pathetic. Fun fact, it gets better after three days or so. You do get really dizzy and your memory goes to shit, but the physical urge to sleep becomes weaker.

>> No.16340919

>>16340135
Wtf did you get tortured?

>> No.16341002

>>16337341
you don't know about the seed phrase?

>> No.16341010

>>16337341
This implies that you're keeping your keys on your laptop.
Which would be the wrong thing to do.

>> No.16341066

My friend and his brother got held hostage for 100 btc last year

>> No.16341076
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16341076

>Telling others about your crypto
Why do this?

>> No.16341077
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16341077

>>16337341
>NOOOOOOOO OP YOU CAN'T BE A FAGGOT AND A TRANNY AT THE SAME TIME!!!

>> No.16341135

Charge the sigil anon
>>16340777

>> No.16341193
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16341193

>>16339094
>just go to zen mode
this is bullshit, a red hot spoon on your balls will bring you back from your day dreaming in an instant