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[SebastianJu]

I think having guards only will raise suspicion and attract thieves. Put the guards to sleep with gas and you can move on. Or especially in the bitcoin area... buy anonymous a hit team and let them  raid the vault.

I think the best protection would be that nobody knows you are rich. You take care about your privacy and prevent your bitcoin addresses to be connectable to you. You can hide your private key everywhere. Your whole computer is full of data where you could hide a privkey without anybody ever being able to find it.

Of course when you run a business and everybody knows you and your company then it might be something to consider.

Banks hold trillions of $$$ in their vaults, or if you dont like reversible ones, then check the gold exchanges.

Gold exchanges hold tons of gold in their vaults, none of them raided yet.

I think you guys watch too many movies, in reality nobody dares to raid a compound full of armed guards.

In reality you hear that the bank employees silently worked together with the bank robbers and similar things. Bank robbery nowadays is not rewarding. Normal banks rarely have more than 10k USD in their bank building and even then, all fiat bills are marked with serial number.

Stealing bitcoins is very easy instead when it comes to getting away.

Being hidden unknown still is safer. If you have to spend money then tell your surroundings that you hold shares of some company. They will believe it and be pleased. No attack vector opened.

[SebastianJu]

Actually i think 9 is less secure than others. Because you are publicly showing up yourself as someone who has something to hide. I'm sure satoshi has no heavily guarded fault. And he is the richest bitcoiner alive. And he probably is way more safe than the operator of a big mining farm. Even with guarded vault.

Maybe if you are a private person you can hide it, but what about a big company?

They use 1 primary address for identification or accounting or whatever. All their transaction is traceable, and if they store billions in another address, they can be caught very fast.

Their CEO or Security officer can be extorted, how will they protect against that?

Sure, though they have insurance. And the fiat bills have to be physically moved. When exchanged they can be found via serial number. It is no fun washing such money... i imagine. No problem at all with bitcoin.

Even if you have a bunker your relying on guards who I would assume make much less then what is being stored.  As long as there is greed there is a chance of them going "bad"
 

Actually private security guards are much more disciplined, in many cases than military guys.

Private security guards are ex-military, veterans, disciplined, loyal, and work for big money, so they have an incentive to not fuck up, as they also have a reputation.

Average military guards may be recruits with little experience, and the military salary is little, so they can be corrupted more easily.

I think that theory is wrong. Blackwater... or The Rock, i believe, they are named now, hire such ex military. But these guys are EX for a reason. The end result is that the US government hires these soldiers to make war and these guys regularly are involved in killings of civilians and such things. These ex soldiers often enough are psychos or have some kind of problem.

Having to trust someone is always a risk

[SebastianJu]

I think that theory is wrong. Blackwater... or The Rock, i believe, they are named now, hire such ex military. But these guys are EX for a reason. The end result is that the US government hires these soldiers to make war and these guys regularly are involved in killings of civilians and such things. These ex soldiers often enough are psychos or have some kind of problem.

Having to trust someone is always a risk

Maffia has psychos in them that doesnt mean that they cant keep order in their "family".

It all comes down to incentives and trust. If you hire wolfs to guard your sheep, then you might have it safe, since if 1 wolf tries to eat the sheep, the other wolfs will stop him and eat him instead.

I think most bitcoiners learned the lesson "Trust no one" (at least when it is in bitcoin area) the hard way. Having to trust someone is always an additional risk. Like having coins laying on an exchange. They might have a vault and all but still... risky.

And i think you miss that wolfs are pack animals. They hunt in packs. One mafioso speaking about all the money they guard and their measly wager they get each month. Well... i would not be so sure about the outcome.

If i would have to trust i think i would collect the persons by checking their personalities very carefully.

[notlist3d]

I think that theory is wrong. Blackwater... or The Rock, i believe, they are named now, hire such ex military. But these guys are EX for a reason. The end result is that the US government hires these soldiers to make war and these guys regularly are involved in killings of civilians and such things. These ex soldiers often enough are psychos or have some kind of problem.

Having to trust someone is always a risk

Maffia has psychos in them that doesnt mean that they cant keep order in their "family".

It all comes down to incentives and trust. If you hire wolfs to guard your sheep, then you might have it safe, since if 1 wolf tries to eat the sheep, the other wolfs will stop him and eat him instead.

I think most bitcoiners learned the lesson "Trust no one" (at least when it is in bitcoin area) the hard way. Having to trust someone is always an additional risk. Like having coins laying on an exchange. They might have a vault and all but still... risky.

And i think you miss that wolfs are pack animals. They hunt in packs. One mafioso speaking about all the money they guard and their measly wager they get each month. Well... i would not be so sure about the outcome.

If i would have to trust i think i would collect the persons by checking their personalities very carefully.

I still say I would take a paper wallet only I know, or a hardware wallet only I know.   I don't wan't guards if I was doing huge amounts of money compared to what they pay.

Greed is a strong thing.  Sadly some fall into greed and you could easity have a bad security guard.  Imagine when the security guard figures out if he gets your BTC there is no reverse button... I hope you don't get anyone who greed shines it's head to.

[notlist3d]

I still say I would take a paper wallet only I know, or a hardware wallet only I know.   I don't wan't guards if I was doing huge amounts of money compared to what they pay.

Greed is a strong thing.  Sadly some fall into greed and you could easity have a bad security guard.  Imagine when the security guard figures out if he gets your BTC there is no reverse button... I hope you don't get anyone who greed shines it's head to.

I think most bitcoiners learned the lesson "Trust no one" (at least when it is in bitcoin area) the hard way. Having to trust someone is always an additional risk. Like having coins laying on an exchange. They might have a vault and all but still... risky.

And i think you miss that wolfs are pack animals. They hunt in packs. One mafioso speaking about all the money they guard and their measly wager they get each month. Well... i would not be so sure about the outcome.

If i would have to trust i think i would collect the persons by checking their personalities very carefully.

Ok maybe you are right guys, but if you so much distrust self-picked guards (the ones that you pick personally, not from a security firm).

Then how do Bitstamp, Coinbase and Kraken store their bitcoin? To my knowledge they dont have armed guards guarding their office, maybe some low level security, but I`m sure they dont let them near their servers, which is a locked room only reserved for a few persons.

You let the CEO, CTO and the chief security have 1 key to it, multisigned, with 2 out of 3 needed to enter the room.

It's pretty solid, I`m not sure how can the guards get in and steal your bitcoins.

How can you say it's solid?  Have you used it.... guessing not.. all you have is a fictional story about it.  It keeps getting more and more far fetched to help anyone with storage.

You can do the back/forth all day.  For example on your last post sure even if you have all 100 percent honest guards what if a bigger group of bad guys decided to take it over and try to force your BTC info out of you... it makes no sense to go back and forth on scenarios like this.

How did you even come up with "Military-grade offline wallet storage"?  Is there set documentation on what it should be or did you make up what you thought should be?

[RealBitcoin]

How can you say it's solid?  Have you used it.... guessing not.. all you have is a fictional story about it.  It keeps getting more and more far fetched to help anyone with storage.

You can do the back/forth all day.  For example on your last post sure even if you have all 100 percent honest guards what if a bigger group of bad guys decided to take it over and try to force your BTC info out of you... it makes no sense to go back and forth on scenarios like this.

How did you even come up with "Military-grade offline wallet storage"?  Is there set documentation on what it should be or did you make up what you thought should be?

But you are fantasyzing about about wild west scenarios.

There are no armed gangs roaming around streets and raiding places, where do you live in Somalia?

Even in the most crowded cities banks have 1 or 2 security guards, and bank robberies are rare too. You would imagine a post apocalyptic world where para-military gangs roam around and pillage everything. That is not what happens in the real world.

In the real world if you have 4-5 armed guards, nobody dares to attack it. You watch too many movies.

[notlist3d]

How can you say it's solid?  Have you used it.... guessing not.. all you have is a fictional story about it.  It keeps getting more and more far fetched to help anyone with storage.

You can do the back/forth all day.  For example on your last post sure even if you have all 100 percent honest guards what if a bigger group of bad guys decided to take it over and try to force your BTC info out of you... it makes no sense to go back and forth on scenarios like this.

How did you even come up with "Military-grade offline wallet storage"?  Is there set documentation on what it should be or did you make up what you thought should be?

But you are fantasyzing about about wild west scenarios.

There are no armed gangs roaming around streets and raiding places, where do you live in Somalia?

Even in the most crowded cities banks have 1 or 2 security guards, and bank robberies are rare too. You would imagine a post apocalyptic world where para-military gangs roam around and pillage everything. That is not what happens in the real world.

In the real world if you have 4-5 armed guards, nobody dares to attack it. You watch too many movies.

I'm not the one making things up.  I asked a simple question and you dodged it.  Did you make up criteria for "9) Military-grade offline wallet storage"?  Is there really any documentation showing that you meet any military standards? If so which country and what standards?

It sounds like you made up things that sounded good to you.  But did not follow any real requirements.

[notlist3d]

I'm not the one making things up.  I asked a simple question and you dodged it.  Did you make up criteria for "9) Military-grade offline wallet storage"?  Is there really any documentation showing that you meet any military standards? If so which country and what standards?

It sounds like you made up things that sounded good to you.  But did not follow any real requirements.

What military standards? What country's military is storing bitcoin for there to be any standards?

It is just common sense,and an armed bunker would be more a military theme than a civilian, I dont know any civilians that have an armed bunker in their backyard.

EM shielding, that is a military standard in all western countries for military facilities for insulating data inside the base, the rest of them are just common sense.

Any government standards like FISMA - http://csrc.nist.gov/
San's CIS Critical Security Controls - https://www.sans.org/critical-security-controls/

There are real frameworks out there that are valid.  I'm not trying to be rude.  I'm trying to keep this sounding the nicest way possible with being able to pass the information.  That is just some of the frameworks, there are MANY MANY more and compliance's security company's have to meet if dealing with US government.   

Yours are ideas for what you think is needed for government/military standards.  But you have nothing to back up that has been vetted and proven needed, or that it makes them comply with (insert tons of frameworks and compliance here).