Post
Topic
Board Wallet software
Merits 4 from 1 user
Re: Thinking of separating my holdings into two physical locations.
by
Poker Player
on 14/02/2023, 18:36:04 UTC
⭐ Merited by o_e_l_e_o (4)
Completely removing the ability to give thieves a part of your bitcoin holdings isn't the smartest way to go about it. Would you rather die and have parts of your body chopped off, or give the thieves an already prepared amount of BTC that isn't passphrase-protected?

No. From the beginning I am talking about having my holdings or rather the management of my holdings divided in two places, that is to say that they would take 50% of my holdings. If we add the layers according to the advice of the thread it could be less.

Anyway. If you have a lot of bitcoin and they know it, if they are bitcoin savvy people who think you have 50 Bitcoins, they are not going to stop cutting off your body parts because you show them 0.3 Bitcoins in your HW.

Most of the things we worry about 99 percent of the times don't happen, OP and everyone else should take the necessary precautions of securing their bitcoin rather than worrying about getting beaten up by thieves.

Yes, I think so. The situations that we pose are movie situations, violent or even horror, but it's always good to be cautious. In any case, they are not going to come to cut my legs off to get my bitcoin because most of my net worth is in KYC assets that are not instantly transferable, but in this forum there are those who have a very important part of their net worth in Bitcoin and also have a considerable net worth, so it is understandable that they are concerned about their privacy to the maximum.