fanaat (OP)
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July 17, 2014, 02:54:50 PM Last edit: January 31, 2015, 12:06:17 AM by fanaat |
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dsfsdfsdf
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byt411
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July 17, 2014, 02:56:03 PM |
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All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.
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Mats8500
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July 17, 2014, 02:56:52 PM |
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I would encrypt my wallet, plus make copies and secure them somewhere else in case they take they seize the computer itself.
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byt411
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July 17, 2014, 02:58:35 PM |
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I would encrypt my wallet, plus make copies and secure them somewhere else in case they take they seize the computer itself.
Uh.... If you make more copies, they would find them, and nothing would happen even in they take your computer.
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LostDutchman
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July 17, 2014, 05:51:50 PM |
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All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.
Correct but they can also get a court order compelling you to open the thing to them. If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind.
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PolarPoint
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July 17, 2014, 05:56:31 PM |
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I would split my bitcoin holdings into two parts 90% and 10%. Hide the private keys with two different methods. If LE ask for your bitcoin, give them the 10% stash.
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Scott J
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July 17, 2014, 05:58:22 PM |
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I would split my bitcoin holdings into two parts 90% and 10%. Hide the private keys with two different methods. If LE ask for your bitcoin, give them the 10% stash.
This could work, though possibly not if discussing such an idea was in your post history ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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cbeast
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Let's talk governance, lipstick, and pigs.
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July 17, 2014, 09:38:06 PM |
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All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.
Correct but they can also get a court order compelling you to open the thing to them. If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind. Put on a dummy public address with one bitcent instead of the actual amount in the encrypted key. If they still want it, then have the dummy address be a brain wallet.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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shkiser
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July 17, 2014, 09:41:39 PM |
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LOL I was trying ti follow, wondering where u were going with this..
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acs267
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July 17, 2014, 10:08:54 PM |
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How would they know you have Bitcoins?
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DewlanceVPS
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Dewlance.com
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July 18, 2014, 10:17:13 AM |
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Encrypt your wallet and store your wallet in a pen drive and hide this pen drive in some secret place.
Always take a backup of your wallet in other pen drive, etc. ;P
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Kluge
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July 18, 2014, 10:31:14 AM |
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Never have your pubkey associated directly with your legal identity. If your legal identity is tied to any pubkeys you use, you're probably boned and will need to turn over the privkeys. If you have pubkeys showing in your wallet at all and they hold coins, you're probably boned and will need to turn over the privkeys, even if they're watch-only. If you just keep your privkey private, though, you won't have your bitcoins seized -- that'd be technically impossible until they figure out how to accurately extract data from your brain. -But you're basically in a hostage/blackmail situation. If they found you controlled the pubkey at one point, they could probably charge you (maybe successfully) with destroying evidence, obstructing justice, and whatever other stupid charge they feel like piling on. Maybe money laundering if you "don't know who controls the key, now." ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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ThomasCrowne
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★☆★ 777Coin - The Exciting Bitco
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July 18, 2014, 05:31:47 PM |
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All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.
Correct but they can also get a court order compelling you to open the thing to them. If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind. Ummm...don't even sweat it. I heard a rumor that the Greybar Hotel would be accepting bitcoin by the end of Q4 for all commissary items :-p
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TheButterZone
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RIP Mommy
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July 18, 2014, 11:36:03 PM |
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Never have your pubkey associated directly with your legal identity. If your legal identity is tied to any pubkeys you use, you're probably boned and will need to turn over the privkeys. If you have pubkeys showing in your wallet at all and they hold coins, you're probably boned and will need to turn over the privkeys, even if they're watch-only.
So put a watch on the Silk Road seized coins addresses.
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Saying that you don't trust someone because of their behavior is completely valid.
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BIGbangTheory
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July 19, 2014, 03:41:26 PM |
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Use a brain wallet.
Store your wallet on the cloud that allows access via TOR exit nodes and use TOR to access the cloud provider.
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Kluge
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July 19, 2014, 05:56:59 PM |
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Never have your pubkey associated directly with your legal identity. If your legal identity is tied to any pubkeys you use, you're probably boned and will need to turn over the privkeys. If you have pubkeys showing in your wallet at all and they hold coins, you're probably boned and will need to turn over the privkeys, even if they're watch-only.
So put a watch on the Silk Road seized coins addresses. I thought about suggesting that... go with the "oh, I'm just some fucking weirdo who likes to watch coin flow from a random subset of addresses" argument... but even still, if they can directly tie coin-filled public keys to you, I'd guess they demand you decrypt them and prosecute if you don't.
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PilotofBTC
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July 19, 2014, 06:03:06 PM |
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All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.
Correct but they can also get a court order compelling you to open the thing to them. If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind. Has there been a precedent setting district court case that decided this? I know it has been challenged. At least in the US you can't be force to incriminate yourself.
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PilotofBTC
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July 19, 2014, 06:03:52 PM |
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I would split my bitcoin holdings into two parts 90% and 10%. Hide the private keys with two different methods. If LE ask for your bitcoin, give them the 10% stash.
This could work, though possibly not if discussing such an idea was in your post history ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) He could say it was a thought experiment, he never actually did it.
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Kluge
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July 19, 2014, 06:05:05 PM |
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All you have to do is make a BIP38 encrypted private key. They cannot decrypt it to take your bitcoins, and they cannot get the bitcoin address from it to look it up either.
Correct but they can also get a court order compelling you to open the thing to them. If you fail to do so, you can and will be held in contempt of court and given free room and board in the Greybar Hotel until you change your mind. Has there been a precedent setting district court case that decided this? I know it has been challenged. At least in the US you can't be force to incriminate yourself. It's disputed and has gone both ways in courts over the past few years. https://www.techdirt.com/articles/20140626/06532327686/massachusetts-ignores-5th-amendment-says-defendant-can-be-forced-to-decrypt-his-computer.shtml
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