This is why I eventually went with a multi-sig setup. Even under duress, it's simply not possible for me to forfeit my funds easily. The attacker would have to travel to several guarded locations and somehow not arouse suspicion.
You paint a future where Bitcoin has appreciated dramatically. Allow me to add some further details: The legacy financial system has collapsed, the no-coiner majority is unimaginably salty about Bitcoin's success, and most exchanges have had their KYC details breached and published all over the darkweb. Attacks on Bitcoiners are cheered on and encouraged.
Do you think your funds are secure in that scenario?
That's the benchmark I set for myself. Don't plan for today, plan for 5-10 years from now. If you're not constantly reviewing your security practices, you are not nearly bullish enough on Bitcoin. It should scare the shit out of you, actually.
This is why I eventually went with a multi-sig setup. Even under duress, it's simply not possible for me to forfeit my funds easily. The attacker would have to travel to several guarded locations and somehow not arouse suspicion.
You paint a future where Bitcoin has appreciated dramatically. Allow me to add some further details: The legacy financial system has collapsed, the no-coiner majority is unimaginably salty about Bitcoin's success, and most exchanges have had their KYC details breached and published all over the darkweb. Attacks on Bitcoiners are cheered on and encouraged.
Do you think your funds are secure in that scenario?
That's the benchmark I set for myself. Don't plan for today, plan for 5-10 years from now. If you're not constantly reviewing your security practices, you are not nearly bullish enough on Bitcoin. It should scare the shit out of you, actually.