Post
Topic
Board Bitcoin Discussion
Re: An Arrest/deportation Scenario
by
OcTradism
on 28/09/2025, 12:30:24 UTC
We rarely think about cases like this, but there are certain unlikely situations that could put our keys at risk. If we don't plan for them, many of us Bitcoin and crypto users could face a significant loss. This is an important consideration for investors who often prefer to live in countries with fewer regulatory concerns and where their human rights are protected.

The key is simply to have a backup plan in case an event like this happens. While some might consider using online storage as a solution in this scenario, it's not ideal. It's almost always safer to know your keys were physically left behind somewhere secure than to have them exposed on the internet.
It is always recommended to have different wallet backups and store them at difference places but a scenario of deportation is something very extreme. You will no longer be able to move around in that nation and likely have to depend on the others to get the wallet backups for you. That's terrible as chance to have no people who can trust and are able to access the wallet backups for you is not small. In addition, trusting someone with your wallet backups is another big risk of losing your coins.

It is a more severe scenario than Beirut explosion - Lesson to learn from this.