I am paranoid by design and by professional deformation.

Suppose you have the following tools available:

1. two Trezor hardware wallets
2. offline bootable PC with Ubuntu
3. bitaddress.org site burned to a CD
4. BIP39 passphrase and mnenomic code generator burned to CD
5. passguardian.org Shamirs secret sharing page burned to CD
6. offline printer to print and laminate paper wallets
7. metalstamps to stamp seeds/keys to metal plates if need be
8. two rented safe deposit boxes in two banks in two different European jurisdictions

How would you go about designing a "perfect" cold storage that should fulfill the following criteria:

1. be resistant to my death hence inheritable
2. be reistant to my amnesia
3. be resistant to being denied physical access to both safe deposit boxes
4. be resistant to malevolent staff opening the contents of the safe deposit boxes
5. be resistant to goverment confiscation/access denial to your safe deposit boxes

So basically I want no other entity (spouse, underage children, bank staff, evil government officials) to be able to spend my bitcoins as long as I am alive and with a functioning brain.
I also want to be able to comitt to memory a seed or an encryption method that would grant me access to bitcoins if I am not able to access the cold storage in safe deposit boxes.
Ultimately I would need to leave clear instructions in case of my death so that the family would be able to reconstruct access to those bitcoins.

I have some ideas but would like to hear flaws in my design.

1. PAPER WALLET ROUTE

One way to go about it would be to create paper wallets, print them offline, encrypt them with a strong passphrase (for example Diceware generated) using BIP38 and store them in two separate safe deposit boxes.
The secret passphrase would be easy to memorise for me and could be split using sharding into 3 pieces (2 safe deposit boxes and my home for example) so that you would need access to all of those in order to decrypt the paper wallets.

It prevents goverment or the bank staff from spending your bitcoins but if you find yourself unable to access the physical location of your paper wallets you are doomed.

2. TREZOR MNEMONIC SEED

You load your Trezor hardware wallet and stamp the seed on metal plates in a randomly generated order that you put in one safe. In another safe you put an encrypted message that is simply the order in which you have to put the mnemonic seed to be able to access bitcoins. You distribute the passphrase to unlock the order in the same way as in design No. 1.

You carry your Trezor with you (your home) hoping that even if it gets stolen nobody will be able to break the PIN.

This method has the advantage that with some memory technique you should be able to remember the seed yourself and reuse it should you be locked out of access to your safe deposit boxes.



Is all of this an overkill? Are there simpler ways?

LMAO  I saw some shit I cant unsee as well.


Its been a while since ive taken a dive on Tor. for one, its slow as fuck for me usually, im on a metered connection that sucks and tor struggles at best. but mainly, there is nothing of substance on tor. not really into child porn or dark markets, and thats pretty much the whole of it, from my experience. its pretty much poison because people dont use that hidden space to share esoteric knowledge; they use it to persue corruption and mammon. we get another library of alexandria, and we use it to sell pot for digital currency 

My node is a couple of days of synching behind, so I can't get the transaction from it yet. But I tried getting the raw transaction from electrum wallet and chainquery.com, and they all have the long tail starting with 12... Where did you get your raw transaction?

500 followers needed for twitter campaign.
I will be back tomorrow morning and am helping out where I can. Have a good night.  
Spreadsheets with member's details will be set up accordingly as well.

so i wanna know do i realy have to pay taxes on bitcoins and does my gov recognize bitcoins as my property and do i have to care about any legal action by  gov on my bitcoin property ?

https://crusyn.com/2017/08/28/bitcoin-transactions-visual-guide-json/

I put together this post after having a tough time figuring out bitcoin transactions on a technical level myself. I tried making it easy by putting together sequential illustrations to support my prose.

Appreciate any feedback, whether technical, or stylistic!!

-crusyn

It definitely starts to look like it, but we shouldn't jump off the bridge this soon with our conclusions -- at this point there is a massive influx of articles from which its source can't be verified. It might very well end up in a market where only a few exchanges are allowed to operate in. It has been stated that the Chinese government is working on setting up a certain license to hand them to just a few exchanges in order to maintain its Chinese activities. It's not the first time Chinese news sources have been messing up big time with wrongly translated articles and stuff -- let's see how things are after a month or two.

Hi  to the community,,i wanted to start selling and buying btc and altcoins locally in my shop with a fee.The function will be similar to bitcoin ATM's.The purchace of btc or altcoins will be made from an exchange automatically with the required fee. Maybe it must be implemented an exchange API. Please consult and comment,Thanks in advance

Have seen many scripts which pull data from Google App Store or third party sites like 99 Apps - is the website similar or will it have standalone apps not found in the App Stores? Also would like to know the hosting environment needed for this website to function.

Hi,

You need to either know how to code and write a trading script that accesses said API (for example using Python or NodeJS), or find a trustworthy script that does it for you.

But why do you want to access the CEX.IO trading API only to write orders yourself? Usually trading APIs are used to automate at least part of that process.

Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.

Or, at the very least, you could say it's similar to gold (in terms of value).

Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.