solution to rubber hose attacks

[jonald_fyookball]

So, you've got all your precious Bitcoins locked up
in cold storage... you've take all technical procautions...

but then a gunman breaks into your house and says
he's gonna shoot you in the face unless you turn
over your private keys.

You could try to thwart this by preparing a decoy wallet
or two, but do you trust yourself not to buckle under
the pressure?

My solution:

You have a transaction already loaded which sends most
of your cold storage funds off to another secret wallet
which you have the keys to in a safe deposit box.

When the gunman breaks in, you hit a button, and
boom, the transaction is broadcast, you no longer
have your coins there.

Or, if you are caught off guard, you say, sure you
can have my coins, let me login... you "login"
or access a secret URL, and it whisks away
your coins to saftey while giving a decoy address...
If under pressure later, you can reveal the other
address, but now its too late, the coins are gone.

thoughts?

[Beliathon]

thoughts?

The whole gunman breaking into your house thing is absurd. How does gunman know which house to break in?

This scenario sounds like fear-mongering pro-gun fiction. If you have any real wealth stored in a paper wallet it belongs in a safety deposit box anyway, not in your home. They are very affordable.

[cozk]

Bro... you are weird.

[jonald_fyookball]

thoughts?

The whole gunman breaking into your house thing is absurd. How does gunman know which house to break in?

This scenario sounds like fear-mongering pro-gun fiction. If you have any real wealth stored in a paper wallet it belongs in a safety deposit box anyway, not in your home. They are very affordable.

True, they wouldnt know you had coins
necessarily but they might... didnt you
say you threw bitcoin parties?  Now
people know you have coins.

What if your coins are in a brain wallet?
Aren't yours?

after you've been whipped 100 times by
a rubber hose, the security of that wallet
is in serious jeopardy.

[franky1]

thoughts?

The whole gunman breaking into your house thing is absurd. How does gunman know which house to break in?

This scenario sounds like fear-mongering pro-gun fiction. If you have any real wealth stored in a paper wallet it belongs in a safety deposit box anyway, not in your home. They are very affordable.

True, they wouldnt know you had coins
necessarily but they might... didnt you
say you threw bitcoin parties?  Now
people know you have coins.

What if your coins are in a brain wallet?
Aren't yours?

after you've been whipped 100 times by
a rubber hose, the security of that wallet
is in serious jeopardy.

wow your definetly on the cranberry juice tonight arnt you.

heres some actual advice. in reality, if you hide your wallet or move it, do you think the rubber whip idiot will just walk away with a merry song between his lips and a graceful skip in his step. nope, e will know that you would not send them to a stranger, he will know that the new location is also controlled by you.. so expect more pain..

have a nice night

[jonald_fyookball]

thoughts?

The whole gunman breaking into your house thing is absurd. How does gunman know which house to break in?

This scenario sounds like fear-mongering pro-gun fiction. If you have any real wealth stored in a paper wallet it belongs in a safety deposit box anyway, not in your home. They are very affordable.

True, they wouldnt know you had coins
necessarily but they might... didnt you
say you threw bitcoin parties?  Now
people know you have coins.

What if your coins are in a brain wallet?
Aren't yours?

after you've been whipped 100 times by
a rubber hose, the security of that wallet
is in serious jeopardy.

wow your definetly on the cranberry juice tonight arnt you.

heres some actual advice. in reality, if you hide your wallet or move it, do you think the rubber whip idiot will just walk away with a merry song between his lips and a graceful skip in his step. nope, e will know that you would not send them to a stranger, he will know that the new location is also controlled by you.. so expect more pain..

have a nice night

mmmm cranberry juice....

I don't think you got my vision...
they wouldn't know you sent the
coins to anyone else... all they
would see is a DIFFERENT account
with a small amount of coins.

Never mind... if you don't understand
or dont get it i dont have time to explain
it to you, sorry

Just remember, when people start
talking about people getting tortured
for their private keys, you can say
good ol Jonald Fyookball had a solution.

[cbeast]

Tell the gunman that some of your addresses are booby trapped. If they are moved, then a bounty is setup to trace the spender and kill that person. Then tell him to have a nice night.

[ShakyhandsBTCer]

If someone is threatening you physical harm it is almost always advisable to do as they say (at least when it appears plausible that they could actually inflict such harm)

[grue]

True, they wouldnt know you had coins
necessarily but they might... didnt you
say you threw bitcoin parties?  Now
people know you have coins.

that's still absurd. when was the last time you heard that a multi-millionare got robbed?

[aosmith]

If you're really worried about this scenario why don't you just keep your cold storage in a safety deposit box?

[franky1]

mmmm cranberry juice....

I don't think you got my vision...
they wouldn't know you sent the
coins to anyone else... all they
would see is a DIFFERENT account
with a small amount of coins.

Never mind... if you don't understand
or dont get it i dont have time to explain
it to you, sorry

Just remember, when people start
talking about people getting tortured
for their private keys, you can say
good ol Jonald Fyookball had a solution.

i do understand .. but you dont grasp the reality, hense my little joke about the cranberry juice
if someone is coming to your house
1. they know you have more then satoshi dust
2. they done enough research to find you
3. if all you give them is the dust, they know your stock pile is somewhere else and that your not dumb enough to send it to a stranger..

so 4.
expect more pain.
5. even if you say the address you sent it to was someone else. you will have more repeats of (4)

the only solution is to not be so public about your riches, especially about where you live.. as the guy that just broke into your house wont walk away singing a merry tune unless he gets ALL that he came for..

[jonald_fyookball]

Well you can explain it's in a multisig wallet, 2 of 3 and you literally can't give him any coins.

That's the solution that's been proposed before.  Yet with multisig you lose your
own flexibility , so this is kind of best of both worlds by instantly converting
Your brain wallet to multi sig or other off site storage.

[jc01480]

Not many people trust this, but PVC pipe makes a hell of an impact weapon.  It's light, solid, and easy to wield in enclosed spaces such as your entryway.  Now the booger has a gun, right?  I'll be taking that gun and raising the ante by knotting up his head just as fast as rabbits can breed.  And that is truly very fast, folks.  So, once the booger has been rabbit thrashed, I'll make a deal with him.  I call the cops and make his soon to be nickname at the jailhouse official (Rabbit Punch), or a Ill decline and auction his weapon off for a small BTC fee plus any damage occurring during the incident. Sounds fair enough to my emotional pain and suffering.

[DobZombie]

It's a thought exercise people, stop giving this guy so much flak!

[jonald_fyookball]

Put sharks with frickin' laser beams in your moat.

And hold your pinky to your mouth and do an evil laugh

[Cicero2.0]

I don't exactly advertise the fact that I have bitcoins. People that flash their wealth around are generally the ones targeted for something like this.

[knightcoin]

sounds almost like Plausible deniability in that case the plausible is the small amount sent automatically from your "smart safe"   

[titulng]

sounds almost like Plausible deniability in that case the plausible is the small amount sent automatically from your "smart safe"   

yes, just sounds.

[jl2012]

So, you've got all your precious Bitcoins locked up
in cold storage... you've take all technical procautions...

but then a gunman breaks into your house and says
he's gonna shoot you in the face unless you turn
over your private keys.

You could try to thwart this by preparing a decoy wallet
or two, but do you trust yourself not to buckle under
the pressure?

My solution:

You have a transaction already loaded which sends most
of your cold storage funds off to another secret wallet
which you have the keys to in a safe deposit box.

When the gunman breaks in, you hit a button, and
boom, the transaction is broadcast, you no longer
have your coins there.

Or, if you are caught off guard, you say, sure you
can have my coins, let me login... you "login"
or access a secret URL, and it whisks away
your coins to saftey while giving a decoy address...
If under pressure later, you can reveal the other
address, but now its too late, the coins are gone.

thoughts?

So the gunman will kidnap you and torture you, until you send your bitcoin to their address

[jonald_fyookball]

Yes that's the problem this solves